News: WOR Worley Sees Similar Underlying EBITA Margin in FY23 To FY22

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    Feb 22 (Reuters) - Worley Ltd (WOR) :

    • EXPECT A SUSTAINED INCREASE IN DEMAND FOR OUR SERVICES IN COMING YEARS
    • IN FY23, WE EXPECT UNDERLYING EBITA MARGIN (EXCLUDING IMPACT OF PROCUREMENT) TO BE SIMILAR TO FY22
    • FORECAST A$20 MILLION TO BE SPENT IN SECOND HALF ON CONTINUED DEVELOPMENT OF ADVISORY CAPABILITIES, AMONG OTHERS
    • OVER LONGER TERM, WE SEE FURTHER EBITA MARGIN EXPANSION POTENTIAL
    • SUSTAINED DEMAND IS EXPECTED TO DRIVE REVENUE GROWTH AND MARGIN EXPANSION
 
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