Brief: Worley Announces Impact Of Middle East Conflict And Foreign Currency Translation Effect On FY26
25/06/2026 02:23
BRIEF-Worley Announces Impact Of Middle East Conflict And Foreign Currency Translation Effect On FY26 June 25 (Reuters) - Worley Ltd WOR.AX:
IMPACT OF MIDDLE EAST CONFLICT AND FOREIGN CURRENCY TRANSLATION EFFECT ON FY26
NOW ESTIMATES IMPACT TO FY26 UNDERLYING EBITA TO BE UP TO A$60 MILLION
MIDDLE EAST CONFLICT IMPACT CONTINUES TO CAUSE DISRUPTION TO PROGRESS OF EXISTING PROJECTS.
WHILE THERE HAVE BEEN NO PROJECT CANCELLATIONS, CUSTOMERS CONTINUE TO DELAY COMMENCEMENT AWARD OF NEW PROJECTS
AUD TRANSLATION IMPACT IS ESTIMATED TO BE A$50 MILLION ON FY26 REPORTED UNDERLYING EBITA
STRENGTHENING OF AUD IN H2FY26 ON CONVERSION OF FX EARNINGS INTO AUD WILL HAVE IMPACT ON FY26 REPORTED RESULTS
Further company coverage: WOR.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Worley
See all newsBrief: Worley Limited Says Venture Global Awards Contract For CP2 Expansion Project
Australia's Worley rises on partnership with Samsung E&A in US
Australia's Worley jumps on contracts from BHP
Brief: Worley Says BHP Awards Co Contracts For Copper South Australia Projects
Australia's Worley falls to near five-year low as profits decrease