Foster Wheeler’s Net Income Slips, but Order Backlog Remains Strong, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) — The global engineering, construction and manufacturing company Foster Wheeler Limited (NASDAQ:FWLT) announced third quarter 2008 earnings. Net income was down 1% from 3Q07, moving to $127.9 million from last year’s $129.1 million. Operating revenues for the company were up 24% from 3Q07, at $1.7 billion, however. The company’s order backlog is up almost $990 million from last year, standing at $7.26 billion.
For details, view the entire article by subscribing to Industrial Info’s Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=140888, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to firstname.lastname@example.org or visit our website at www.industrialinfo.com.
Related News Articles
Foster Wheeler Continues to Set Records with Strong Performances by E&C and Power Groups
EPC Contractor Chosen for 600-Megawatt Unit Addition at Interstate Power’s Iowa Plant
Synergy to Close EPC Bidding for 154-MW Amaila Hydropower Plant Project at the End of October
Contact: Joe Govreau 713-783-5147
SOURCE: Industrial Info Resources