First Impression: WorleyParsons (WOR) FY16 Result
Sector result: Hydrocarbons down 32.1% to $329m, margin 7.7%; MM&C down 14.2% to $39.9m, margin 6.2%; Infrastructure up 213.6% to $59.9m, margin 6.1% (Resurgence in power business and Saudi Arabia infrastructure activity) | Net operating cash flow down 23.5% to $192m.
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Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
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