The 2020 Mid-Year Economic Update_long

Fluor Sales at $23.4B in 2011

Sales were up 12% thanks to mining and metals business line growth.

Fluor Corporation (NYSE: FLR), Irving, TX, reported consolidated sales for 2011 were $23.4 billion, up 12 percent from the previous year thanks to growth in mining and metals business line within the Industrial & Infrastructure segment. Consolidated segment profit for the year was $1 billion.

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Full year new awards were strong at $26.9 billion, which compares with bookings of $27.4 billion a year ago, reflecting substantial mining & metals orders in the I&I segment and sizable orders in Oil & Gas. Consolidated backlog rose to a new year-end high of $39.5 billion, up 13 percent from a year ago.

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