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In The News:

Fluor Sales Up 9.3% in 1Q

Profit decreased 41.8 percent in the first quarter.

Engineering and construction firm Fluor Corp. (NYSE: FLR), Irving, TX, reported sales for the first quarter of $4.8 billion, up 9.3 percent year-over-year. Profit decreased 41.8 percent to $60.6 million.

For the first quarter, energy, chemicals & mining segment sales in the first quarter decreased 5.7 percent to $2.3 billion; industrial, infrastructure & power sales for the quarter increased 43.9 percent to $1.2 billion; maintenance, modification & asset integrity sales increased 23.4 percent to $569.2 million; and government sales increased 11.5 percent to $765.2 million.

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