Foster Wheeler has reported a record setting full year 2008 financial performance, and strong operating performance for the fourth quarter of 2008.
Leading international engineering, construction and project management contractor and power equipment supplier, Foster Wheeler, has reported a record net income and consolidated EBITDA, for the third consecutive year.
The company has reported net income, for the fourth quarter of 2008, of $99.9 million, or $0.75 per diluted share, compared with $78.1 million, or $0.54 per diluted share, in the fourth quarter of 2007.
Fourth quarter 2008 consolidated EBITDA was $105.1 million, compared with $132.0 million in the fourth quarter of 2007.
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