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| Fluor reports 2Q results Texas-based Fluor Corp. announced financial results for its second quarter ended June 30, 2008. Net earnings rose 119 percent to $209 million, or $1.13 per diluted share, compared with $96 million or $0.53 per diluted share for the same period last year. Operating profit for the quarter more than doubled to $392 million, compared with $187 million in the second quarter of 2007. New project awards for the second quarter were a record $6.4 billion, compared to $5.8 billion in new awards a year ago. The quarter included a $1.8 billion award for the Greater Gabbard Offshore Wind Farm power project in the United Kingdom, which will provide carbon neutral, renewable electricity for more than 415,000 homes. Consolidated backlog rose to another new company record of $33.0 billion, up 28 percent from a year ago and up $1.5 billion over the prior quarter. write your comments about the article :: © 2008 Construction News :: home page |