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Worley Limited (ASX:WOR)

ALERT: Price-sensitive ASX Announcement for WOR
Current share price for WOR : $9.500 -1.6 (-14.41%)+
Announcement
Release
26 Aug 2026 8:59AM
Price at Release
$11.100
Full Release
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Summary
Worley Limited announced its full-year results for the financial year ended 30 June 2026, reporting a statutory net profit after tax of $306 million. The company's aggregated revenue was stable at $12,023 million compared to the previous year, with underlying EBITA of $734 million, reflecting a 10.8% decrease due to regional conflicts and currency impacts. Despite challenges, including the Middle East conflict, Worley achieved strategic cost-out initiatives of $132 million and maintained a strong backlog of $13.8 billion. The company also declared an unfranked final dividend of 25 cents per share and completed a $500 million share buyback, with plans for an additional $300 million buyback. Looking forward, Worley anticipates mid to high single-digit growth in both aggregated revenue and underlying EBITA for FY27.
Key Points
  • Full-year results for FY26 with statutory net profit of $306 million.
  • Aggregated revenue stable at $12,023 million.
  • Underlying EBITA of $734 million, down 10.8% on previous corresponding period.
  • Middle East conflict and currency translation impacted earnings.
  • Cost-out initiatives of $132 million exceeded initial target.
  • Strong bookings of $15.5 billion, up 23% from FY25.
  • Backlog of $13.8 billion, up 9% from 30 June 2025.
  • Unfranked final dividend of 25 cents per share declared.
  • Completed $500 million share buyback, with $300 million more planned.
  • Anticipates mid to high single-digit growth in revenue and EBITA for FY27.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.