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Home » Fluor Sales Flat for 2009

Fluor Sales Flat for 2009

By    MDM  Staff 
February 26, 2010
More about:  PT/Motion Control/Fluid Power
Industrial and Infrastructure segment sales increased 39% for the year.
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Fluor Corp. (NYSE: FLR), Irving, TX, reported sales for 2009 sales were $22 billion, effectively flat compared to 2008. Profit decreased 4% to $685 million.

Sales for the fourth quarter were $5.5 billion, down 10% from the prior year period. Profit declined 21.6% to $149 million.

Fluor's Industrial & Infrastructure group reported sales of $4.8 billion, an increase of 39% primarily due to increases in mining and infrastructure project volume. Segment profit was $140 million, down 32.7%.

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