Key points
- FY26 impacted by Middle East disruption and FX headwinds
- Anticipated mid to high single-digit growth in FY27 revenue and underlying EBITA
- Strong backlog and leading indicators support medium-term growth
- Significant achievements in safety and ESG performance
- Exploring change to presentation currency from AUD to USD
Full summary
Worley Ltd presented its full-year results for FY2026, revealing that the company's performance was impacted by external disruptions, particularly in the Middle East, and foreign exchange translation effects. Despite these challenges, Worley anticipates mid to high single-digit growth in both revenue and underlying EBITA for FY27. The company has a substantial backlog and leading indicators that support its medium-term growth ambitions. Worley also highlighted its strong safety and ESG performance, achieving notable improvements in key metrics. Additionally, the company is considering changing its presentation currency from Australian dollars to US dollars to mitigate translation volatility.
Guidance
Mid to high single-digit growth in FY27 revenue and underlying EBITA
Outlook
Worley anticipates mid to high single-digit growth in revenue and underlying EBITA for FY27, supported by a strong backlog and leading indicators.