EX-99.2 3 a08-14452_1ex99d2.htm EX-99.2

Exhibit 99.2

 

 

 

Fluor Corporation

 

Keith Stephens / Brian Mershon

 

 

Irving, Texas 75039

 

Media Relations

 

 

6700 Las Colinas Blvd

 

469.398.7624 / 469.398.7621 tel

 

 

 

 

 

 

 

469.398.7000 main tel

 

Ken Lockwood / Jason Landkamer

 

 

469.398.7255 main fax

 

Investor Relations

 

 

 

 

469.398.7220 / 469.398.7222 tel

 

 

 

 

 

 

 

 

 

 

 

News Release

 

 

 

 

FLUOR CORPORATION INCREASES EPS GUIDANCE TO INCLUDE ONE-TIME GAIN

 

Irving, TX — May 14, 2008 — Earlier today, Fluor completed the sale of its 50 percent interest in the Greater Gabbard Offshore Winds Ltd. joint venture to Airtricity Holdings (UK) Limited, a subsidiary of Scottish and Southern Energy plc.  This transaction results in a one-time gain of approximately $0.50 per diluted share, which will be included in second quarter results.  As a result, the company is increasing its full year Earnings Per Share guidance for 2008 by $0.35, to a range of $6.60 to $6.90 per share.  This compares to guidance of $6.25 to $6.55 per share, issued on May 12, which included approximately $0.15 per share of initial cash proceeds received earlier in the quarter.

 

Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management.  Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $16.7 billion in 2007.  For more information, visit www.fluor.com.

 

FLRF