Worley details strong performance, strategic growth at 2025 AGM

Worley Limited announced strong financial performance for FY2025, reporting aggregated revenue of $12,050m, up 4% from FY2024, and underlying EBITA growth of 10% to $823m. The company paid a dividend totaling 50 cents per share, consistent with prior years, and commenced an on-market share buy-back of up to $500m, with $269m already spent by November 2025. Bookings reached $17.1bn, with a backlog of $16.9bn, marking a 22% increase.

The AGM also saw key board changes, including the re-election of John Grill as chair, and the departure of Sharon Warburton, Roger Higgins, and Juan Suárez Coppel from the board. Jeanne Johns was welcomed as an independent non-executive director, and Tom Gorman assumed responsibilities as chair of the Health Safety and Sustainability Committee. Justine Travers also stepped into the chief financial officer role on July 1, 2025. The company confirmed an ongoing buy-back with 20,194,318 shares bought back before November 21, 2025, and an additional 196,803 shares on November 21, 2025, with a total consideration of AUD 269,036,697.65 for shares bought back before the previous day and AUD 2,574,486.42 on the previous day.

Worley's strategic imperatives, "Strengthen, Expand, Innovate," emphasize growth in core markets, value chain expansion, and digital transformation, including AI adoption. Sustainability remains integral, with 60% of FY2025 revenue being sustainability-related. The company anticipates moderate revenue and underlying EBITA growth for FY2026, with earnings weighted to the second half due to market conditions and strategic repositioning efforts.