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