Worley Strengthens FY25 Outlook as Resources Sector Drives Momentum | ASX200 Watch

2 min read | May 20, 2025 12:46 PM AEST | By Team Kalkine Media

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Worley Strengthens FY25 Outlook as Resources Sector Drives Momentum | ASX200 Watch — Image source: shutterstock

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Highlights

Worley (WOR) confirms FY25 earnings growth guidance

$9.4 billion in new orders secured for the upcoming fiscal year

Business pipeline boosted by growing resources sector demand

Engineering and project management company Worley (ASX:WOR) has reaffirmed its full-year FY25 earnings guidance, signaling continued strength in its global operations. The company’s confidence is backed by robust contract wins, particularly in the resources sector, and strategic organisational changes aimed at enhancing project delivery.

As of May 2025, Worley reported $9.4 billion in new orders for the upcoming fiscal year—an increase from $9 billion during the same period last year. This order momentum reinforces the company’s projection for low double-digit earnings growth and an underlying EBITA margin in the range of 8% to 8.5%.

Worley’s performance is notable in the context of broader market movements, particularly within the ASX200 stocks. With its reaffirmed guidance and consistent contract pipeline growth, Worley adds resilience to the engineering and industrial segment of the index.

A key driver of Worley’s recent momentum is the 14% growth in its factored sales pipeline since January 2025. Much of this pipeline growth is attributed to demand within the resources sector—an area where Worley has longstanding expertise and client relationships.

In line with its operational strategy, Worley also announced a leadership restructure designed to streamline global project execution. Two regional group presidents will now move into newly created global roles, enabling the company to better align with customer needs across major energy, chemicals, and resources projects.

Despite the ongoing macroeconomic uncertainties, Worley remains committed to delivering value while adhering to financial discipline. “We are stronger than ever, with our business continuing to show resilience,” said CEO Chris Ashton during an investor presentation. He emphasized the company’s role in supporting clients through changing global dynamics while building on long-term growth drivers.

For those watching the industrial sector for dependable income sources, Worley may be of interest among ASX dividend stocks, given its project-backed revenue model and operational stability.

As the company pushes ahead with a clearer organisational structure and sustained demand in core sectors, it continues to play a noteworthy role within the ASX200’s industrial and infrastructure landscape.

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