Worley Limited ( (AU:WOR) ) has shared an announcement.
Worley Limited reported a decrease in revenue for the half-year ended December 2024, with a 4% decline compared to the previous year. However, the company saw a significant improvement in profitability, with a 73% increase in profit after income tax expense attributable to members. The EBITA margin also improved, indicating better operational efficiency. These results suggest a positive impact on Worley’s financial health and potential for stronger market positioning, despite the revenue drop.
More about Worley Limited
Worley Limited operates in the engineering and construction industry, providing expertise in engineering and construction services. The company focuses on delivering value to customers by procuring goods or services and earning margins on subsequent sales, which are integral to their engineering and construction services.
YTD Price Performance: 5.90%
Average Trading Volume: 877
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.75B
For an in-depth examination of WOR stock, go to TipRanks’ Stock Analysis page.