Worley Limited (WYGPF) Q2 2025 Earnings Call Transcript

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Worley Limited (OTCPK:WYGPF) Q2 2025 Earnings Conference Call February 25, 2025 6:00 PM ET

Company Participants

Chris Ashton - CEO
Tiernan O'Rourke - CFO

Conference Call Participants

James Byrne - Citi
Gordon Ramsay - RBC
Nicole Penny - Rimor Equity Research
Rohan Sundram - MST Financial

Operator

Welcome to the Worley's Half Year 2025 Results Conference Call. [Operator Instructions]. I would now like to hand the conference over to your first speaker today. Chief Executive Officer, Chris Ashton. Please go ahead.

Chris Ashton

Thank you everyone, and thanks for joining Worley's half year 2025 financial year. As usual, I've got Tiernan in room with me, Worley's Chief Financial Officer.

Look today I'm going to provide an overview of our business performance and strategic progress over the period. And as usual, Tiernan will add further detail on our half year results before I conclude with our outlook, then we'll open for questions. So just turning to slide 2 and reminding everyone of the disclaimer shown here.

Before I begin, I want to acknowledge the Gadigal people of the Eora nation and the traditional as the traditional custodians of the land on which we meet today. We value the strength, determination and resilience of all First Nation peoples and communities around the world, and we're committed to the ongoing journey of listening and learning, and I extend that respect to any First Nation people joining us today.

Moving on to our performance highlights on slide 3, today, I want to leave you with three key messages. First, we've delivered a strong result in what has been a more challenging operating environment, and while the market is still shifting. This more challenging environment is in line with that which we flagged in our investor day in May of last year. Despite this, we remain on track to achieve our FY '25 outlook. We've

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