Fluor Corporation發布2016年第二季度業績

Fluor Corporation (NYSE: FLR) today announced financial results for its second quarter ended June 30, 2016. Net earnings attributable to Fluor for the second quarter were $102 million, or $0.72 per diluted share, compared to $149 million, or $1.00 per diluted share a year ago. Consolidated segment profit for the quarter was $230 million, compared to $282 million a year ago. Segment profit results reflect improvement in Industrial, Infrastructure & Power, which was offset by a decline in Energy, Chemicals & Mining due to lower mining activity and forecast revisions on two projects. Second quarter revenue of $4.9 billion compares to $4.8 billion in the prior year.

New awards for the quarter were $6.4 billion, including $3.4 billion in Industrial, Infrastructure & Power, $1.2 billion in Government, $1.2 billion in Energy, Chemicals & Mining and $664 million in Maintenance, Modification & Asset Integrity. Consolidated ending backlog of $47.3 billion compares to $41.6 billion a year ago.

‘The diversity of our end markets, along with our clients’ need for capital-efficient, integrated solutions, contributed to our backlog growth for the quarter,’ said Fluor Chairman and Chief Executive Officer David Seaton. ‘While two projects held us back for the quarter, we remain well positioned and are pleased to see clients proceeding with their high-priority projects.’

Corporate G&A expense for the second quarter of 2016 was $53 million, up from $48 million a year ago primarily due to integration activities associated with the acquisition of Stork in the first quarter. Fluor’s cash and marketable securities balance at the end of the second quarter was $1.9 billion.