WorelyParsons H1 profit drops

WorleyParsons has reaffirmed its guidance for full-year underlying net profit despite a fall in first-half profit due to the contraction in the Australian market and additional project costs.

WorleyParsons (WOR) has reaffirmed previous guidance for full-year underlying net profit despite a fall in first-half profit due to the contraction in the Australian market and additional project costs.

Profit after tax attributable to members fell by 27.7% to $112.1 million in the six months to December 2013, compared with $155.1 million in the six months to December 2012.

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