fluor annual report 2020

The Other segment includes allocated overhead expenses on the Radford and Warren projects and expenses for NuScale. Fluor’s 2019 Sustainability Report highlights how we are making a lasting impact on the world. Fluor is a global, publicly-traded engineering, procurement, construction (EPC) and maintenance company. Full year NuScale expenses will be approximately $79 million. Last fall, as part of Fluor’s strategic review process to improve its financial position, the Company announced that it was initiating plans to sell substantially all of its Government business. “In 2019 we started down the path of making tangible, actionable changes to our business strategy and structure to position Fluor for long-term success,” said Carlos Hernandez, Fluor chief executive officer. Full year new awards for the Government segment were $2.2 billion, compared to $4.1 billion a year ago. NYSE:FLR / Fluor Corp. - SEC Filings, Annual Report, Proxy Statement. Consolidated backlog at year-end is expected to be $32.7 billion. In the fourth quarter, the segment booked new awards of $1.7 billion, including a project for INVISTA in China and the Polyols Petrochemicals project for Bharat Petroleum Corporation in India. The Company has not made a determination at this time as to whether there are prior period material errors in its financial statements, although such remains possible. In the fourth quarter, the segment booked new awards of $67 million and ending backlog for the segment is expected to be $6.9 billion compared to $6.3 billion a year ago. Fluor Reports Third Quarter 2020 Results. 2020 Proxy Statement 17.7 MB. Full report (PDF - 5 MB) Summary report (PDF - 4 MB) Proxy statement (PDF - 2 MB) Past Annual Reports. PDF; Form 10K (HTML) Fluor Corporation does not currently have any hardcopy reports on AnnualReports.com. Risk Factors" in the Company's Form 10-K filed on February 21, 2019. Fluor (NYSE: FLR) restated its earnings for fiscal year 2019 following a review of the company’s accounting practices, and the results have FLR … Such filings are available either publicly or upon request from Fluor's Investor Relations Department: (469) 398-7222. Infrastructure & Power: ~1.0% These forward-looking statements, including statements relating to the timing of the filing of our annual report on Form 10-K, financial and operating results for the quarter and year ended December 31, 2019, efforts to sell the AMECO business and other strategic and operational plans, projected earnings level, revenue, margins, cash flow, tax rate, charges, expenses and costs, forecast adjustments, market outlook, new awards, and backlog levels, are based on current management expectations and involve risks and uncertainties. Fluor’s 2019 Sustainability Report highlights how we are making a lasting impact on the world. These forward-looking statements, including statements relating to the timing of the filing of our annual report on Form 10-K, financial and operating results for the quarter and year ended December 31, 2019, efforts to sell the AMECO business and other strategic and operational plans, projected earnings level, revenue, margins, cash flow, tax rate, charges, expenses and costs, forecast adjustments, market outlook, new awards, and backlog levels, are based on current management expectations and involve risks and uncertainties. Full year financial results, when filed, are expected to include a non-cash charge of $668 million related to establishing a valuation allowance against net deferred-tax assets; non-cash impairments of $305 million; restructuring and other exit costs of $202 million, $84 million of which is non-cash; and non-cash expenses of $138 million related to the settlement of the U.K. pension plan. Funding for NuScale in the second half of 2019 was provided by outside investors. Fluor helps clients meet their sustainability goals with a relentless focus on caring for people, communities and the environment. Foreword by the Board chairman Looking at our objectives, 2019 was a good year for the Pension Fund. At year-end, Fluor’s cash plus current and marketable securities was $2.0 billion, up slightly from a year ago. Forward-Looking Statements: This release contains forward-looking statements (including without limitation statements to the effect that the Company or its management "believes," "expects," ”plans,” “intends,” is “positioned” or other similar expressions). Report: financial - earnings Highlight * the upcoming earnings date is derived an... Price has collected -7.02 % of loss in the second half of 2019 is set below. Fourth quarter of 2019 is set forth below a replay of the call also. 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