Full Year Results 2008

 12-August-2008
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WorleyParsons Limited today announced a net profit after tax for the 12 months to 30 June 2008 of $343.9 million, an increase of 53.0% on the $224.8 million net profit reported for the same period to 30 June 2007.

Full Year Results 2008 - Media Release.pdf
Preliminary Final Report

The result was earned on aggregated revenue of $4,900.7 million, an increase of 38.6% on the $3,534.6 million reported in the previous corresponding period.
EBITDA for the period was $587.0 million, an increase of 66.1% on the prior corresponding period and an increase of 23.1% on the first half of this financial year.

The EBITDA margin for the group increased to 12.0% from the 10.0% reported in the previous corresponding period. The company’s net profit after
tax margin on aggregated revenue increased to 7.0% from the 6.4% reported in 2007. The effective corporate tax rate of 28.9% remained in line with the rate recorded in the first half of this financial year.

Basic earnings per share (EPS) were 142.5 cents, an increase of 40.0% above the 101.8 cents per share for the previous corresponding period.