Investor Day Presentation May 2026

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Stock Worley Ltd (WOR.ASX)
Release Time 14 May 2026, 8:21 a.m.
Price Sensitive Yes
 Worley Outlines Growth Strategy to 2030
Key Points
  • Leveraging global capabilities to expand in future-facing growth markets
  • Scaling through AI-enabled full project delivery to drive revenue and earnings
  • Expanding into higher-growth markets, including Complex Critical Infrastructure
Full Summary

Worley Limited (ASX: WOR) hosts its 2026 Investor Day, where CEO Chris Ashton and senior leaders outline the company's medium-term growth and value creation strategy extending to FY30. The company will highlight strategic partnerships and recent customer projects, provide an update on cost saving initiatives and capital management plans. Organic growth levers are supported by megatrends including the energy transition, population growth and digital acceleration. While current geopolitical tensions in the Middle East have impacted the company's expected financial performance for the current financial year, over the medium to longer term Worley expects growth opportunities from increased spend in energy, chemicals and resources infrastructure and complex capital programs as well as a focus on alternative energy sources. Worley's global scale and capability support a compelling value proposition, and the company is focused on growing revenue and earnings by working with more customers to deliver projects across the full lifecycle in energy, chemicals and resources. Efforts to accelerate growth in market share will be supported by targeted investment in capabilities, market positioning and extracting greater efficiencies, including $70 million over the next two years in digital and AI. Transformation and restructuring efforts are continuing to ensure ongoing business resilience, with $95 million of cost savings actioned and a further $25 million underway. Worley will also undertake a new on-market share buyback of up to $300 million. The company is pleased to announce changes to the Group Executive from 1 July 2026, with Andy Hemingway becoming Group President, Major Projects and Programs, and Mark Trueman taking on a new role of Group President, Chief Commercial and Development Officer.

Outlook

Worley expects to deliver double digit underlying EBITA growth over the medium-term to FY30, creating value for shareholders. The company is well-positioned to capture a greater share of customer lifecycle spend, including taking on additional large, complex projects within its established risk appetite.