Australia · Delayed Price · Currency is AUD Worley Earnings Call Transcripts
Fiscal Year 2026
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Revenue grew 5.4% year-over-year to AUD 6.3 billion, with bookings up 63% and strong project wins driving backlog and earnings resilience. Restructuring costs impacted statutory NPATA, but cost-out initiatives and a robust balance sheet support ongoing growth and margin expansion.
Fiscal Year 2025
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The AGM highlighted strong financial growth, unchanged dividends, and a focus on sustainability, digital innovation, and risk management. Shareholders raised concerns about executive pay and flat returns, while the Board emphasized strategic discipline and upcoming growth plans.
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Delivered fourth consecutive year of growth with revenue up 4% and underlying EBITDA up 10%. Backlog rose 22% to $16.9B, with strong performance in energy and resources. FY 2026 targets higher revenue growth and EBITDA margin of 9%-9.5%.
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Reorganization of executive roles and digital innovation are driving operational efficiency and growth, with FY2025 guidance reconfirmed for low double-digit EBITDA growth and 8–8.5% margins. Backlog and bookings are up, supported by a diversified pipeline and strong financial discipline.
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Strong half-year results with 6.8% revenue and 9% EBITDA growth, margin expansion, and robust cash flow. Announced a $500M share buyback and interim dividend, reaffirming FY2025 guidance despite market headwinds. Backlog remains healthy and diversified.
Fiscal Year 2024
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The AGM highlighted record financial results, strong growth in sustainability-related revenue, and ongoing investment in digital and ESG initiatives. Shareholders raised concerns about stagnant dividends and executive pay, while the board emphasized governance, succession, and strategic positioning for future growth.
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Record revenue and earnings were achieved, with strong margin expansion and robust cash conversion. FY 2025 is expected to see moderate growth amid ongoing macroeconomic headwinds, with continued investment in digital and sustainability initiatives.