Worley

Worley has won three contracts for engineering services, detailed design and procurement support for power plants serving data center campuses in the US. The projects support "behind-the-meter" power generation and will be executed from sites in Houston, Charleston (West Virginia) and Reading. The company made no disclosure on contract value. » More on de.investing.com

Worley shares lost about 10%, falling to A$10.02, after adjusted EBITA for the year to June 2026 fell from A$823m to A$734m. Revenue was flat at A$12.0bn and missed market expectations. Headwinds included project deferrals in the Middle East (≈A$58m), currency effects (≈A$50m) and transformation and restructuring costs of A$120m. CEO Chris Ashton expects mid- to high-single-digit percentage growth in revenue and adjusted EBITA for 2027. » More on de.investing.com

Worley has been awarded an engineering contract by United States Strategic Metals to develop a multimetal processing hub in Missouri. The project includes a cobalt refinery and a process line for recycling black mass. Worley will be part of an integrated project management team and will provide engineering and procurement support. » More on de.investing.com

Worley has been awarded the contract by Pembina for engineering, procurement, fabrication and construction of the Heartland extraction facility in Strathcona County, Alberta. The straddle plant will process up to 21.2 million standard cubic metres of natural gas per day (around 750 million cubic feet/day) and extract NGLs from the Yellowhead pipeline. The project will be executed by an integrated EPFC team in Alberta, has a value of about C$570 million and is scheduled to enter service at the end of 2029. » More on de.investing.com

Worley reports group revenue of $6.3bn in the first half of 2026 (+5.4%) with adjusted EBITA of $377m (almost unchanged) and NPATA down 29.6% to $152m, burdened by one-off restructuring costs of $82m. Order intake rose 63% to $9.8bn, the order backlog stands at $16.7bn, providing high revenue visibility. Segments: Energy +8.8%, Resources +12.3%, Chemicals -9.0%. Management confirms the full-year guidance with an expected adjusted EBITA margin of 9.0–9.5% and is pursuing a transformation program targeting annual savings of more than $100m; interim dividend of 25 cents and a buyback program continue. » More on de.investing.com