The Worley Ltd (ASX: WOR) share price is in focus today as the company holds its annual general meeting (AGM). In FY25, the global professional services company delivered a steady result, including a 4% uplift in revenue to $12.05 billion and maintaining a 50 cent per share dividend, consistent with previous years.
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What did Worley report in FY25?
- Aggregated revenue rose 4% to $12,050 million for FY2025
- Underlying EBITA increased 10% to $823 million
- EBITA margin (excluding procurement) improved to 9.2%
- NPATA reached $475 million
- Normalized cash conversion stood at 94.9%
- Final dividend maintained at 50 cents per share, unchanged on prior years
What else do investors need to know?
Worley's diversification—with around 50% of revenue from Energy, 24% from Chemicals, and 26% from Resources—helped soften the impact of challenging global conditions. The company continued its disciplined capital management, spending $269 million so far in an on-market share buy-back program of up to $500 million, reflecting ongoing Board confidence in Worley's financial health.
Sustainability remained core to Worley's strategy, with 60% of aggregated FY2025 revenue linked to sustainability-related projects. The business also delivered major projects across LNG, critical minerals, and renewable fuels, and used technology and AI to improve delivery on complex, global contracts. Leadership changes included a new CFO and board renewals to support the company's next phase of growth.
What did Worley management say?
Chris Ashton, CEO and Managing Director said:
We delivered another strong result in FY2025, in a complex global operating environment marked by economic and political shifts which impacted our customers' investment decisions. Our result reflects the fourth year of consistent growth in revenue, earnings and margin through the disciplined execution of our strategy.
What's next for Worley?
Looking ahead, Worley expects moderate growth for FY2026, with a focus on higher revenue and underlying EBITA. The company's earnings are anticipated to be weighted more towards the second half, reflecting seasonality, targeted restructuring, and continued repositioning for areas of high demand and technology-driven growth. Management has revealed plans to unveil a refreshed strategy, targeting new adjacencies and further AI adoption, at its next Investor Day in May 2026.
Worley says it remains guided by disciplined contract selection, a commitment to sustainability, and ongoing improvement in diversity and inclusion. The leadership team is working to ensure strong foundations for long-term growth while continuing to support customers as the energy, chemicals, and resources landscape evolves.
Worley share price snapshot
Over the past 12 months, Worley shares have declined 4%, underperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 1% over the same period.
