MARKETS

WorleyParsons shares rise on half year profits 

ENGINEERING company WorleyParsons saw its share price rise 2% today after it announced an underlying net profit after tax of A$98.4 million for the six months ending December 2018, a significant 25.8% improvement on the previous period the year before. 

 Worley chairman John Grill and CEO Andrew Wood

Worley chairman John Grill and CEO Andrew Wood

Aggregated revenue increased 11.1% to $2.5 billion on improved market conditions and the inclusion of a full six months of revenue from its UK Integrated Solutions  business. Aggregated revenue has now...

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