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WorleyParsons News

Sunday October 21, 2018

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WorleyParsons Relying on Cost Cuts for Turnaround
Business
Wednesday October 26 2016

WorleyParsons Relying on Cost Cuts for Turnaround

Engineering and construction giant WorleyParsons says trading conditions in the first quarter have remained challenging, despite a rebound in the prices of some commodities, with revenue...

Hard Times Force WorleyParsons to Sell $100m in Assets
Business
Thursday February 25 2016

Hard Times Force WorleyParsons to Sell $100m in Assets

WorleyParsons aims to offload more than $100 million of assets after a 78 per cent slump in first half profit led to the scrapping of its...

WorleyParsons has Swung into the Red with a $54.9 million Full Year Loss
Business
Thursday August 27 2015

WorleyParsons has Swung into the Red with a $54.9 million Full Year Loss

The company's net loss for the year to June 30 was dragged down by $198.6 million worth of previously announced goodwill writedowns.

WorleyParsons Heading for Full Year Loss
Business
Thursday August 13 2015

WorleyParsons Heading for Full Year Loss

Engineering and construction group WorleyParsons is likely to slide into the red as it takes a $200 million hit in challenging conditions.

WorleyParsons Slashes Jobs in Response to Commodities Slump
Business
Monday May 4 2015

WorleyParsons Slashes Jobs in Response to Commodities Slump

Engineering services firm WorleyParsons plans to retrench more than 2,000 workers with the expectation that tepid business conditions will continue for the global mining and resources...

WorleyParsons Stock Drops, Profit Remains steady
Business
Thursday February 26 2015

WorleyParsons Stock Drops, Profit Remains steady

WorleyParsons shares have been hammered, with investors unwilling to back the engineering group despite a solid profit and its insistence it was well placed financially.

WorleyParsons Says Conditions Still Tough
Business
Wednesday October 29 2014

WorleyParsons Says Conditions Still Tough

Engineering firm WorleyParsons expects challenging conditions in global resources markets to continue.

Resource Slowdown Hits Mining Service Companies
Mining
Wednesday September 24 2014

Resource Slowdown Hits Mining Service Companies

The impact of the resource slowdown continues to flow through to the mining services sector, which has seen profits and share prices tumble as existing work...

Restructure Underway for WorleyParsons
Business
Thursday April 10 2014

Restructure Underway for WorleyParsons

WorleyParsons is expected to axe more jobs on top of the 500 it cut last year in a cost-slashing restructure.