WOR 1.29% $14.17 worley limited

News: WOR Worleyparsons says FY profit $33.5 million vs $23.5 million

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    Aug 23 (Reuters) - Worleyparsons Ltd (WOR)

    • Fy revenue and other income $5.22 billion versus $7.79 billion
    • FY profit after income tax expense attributable to members of co $33.5 million versus $23.5 million
    • Backlog has increased to $5.1 billion at 30 June 2017, up from $4.2 billion at 30 June 2016
    • Directors have resolved not to pay a final 2017 dividend
    • Are now well on the way to meeting our targeted reduction in working capital of $300 million over the medium term
    • Our overheads and staff numbers have now stabilized
    • "Exceeded the target for overhead reduction set in February 2016"
 
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