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WorleyParsons Reports 25% Surge In Annual Net Profit, Declares Dividend

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WorleyParsons Ltd (OTC: WYGPY) reported a 25% rise in its annual net profit.

WorleyParsons' net profit for the period rose to A$364.2 million, from A$291.1 million, in the year-ago period. Its revenue climbed 12% y/y to A$5.68 billion from A$5.10 billion. On the underlying basis, WorleyParsons' net profit came in at A$298.5 million in the year to June 30, versus analysts' estimates of A$309.3 million.

WorleyParsons declared a final dividend of 50 Australian cents, versus 40 cents in the previous year.

WorleyParsons shares surged 4.82% to close at $25.45 yesterday.

Posted-In: EarningsEarnings News Dividends

 

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