KBR Sees Profit Uptick in Third-Quarter 2015, Despite Weakened Revenues, Backlog
SUGAR LAND--November 3, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--KBR Incorporated (NYSE:KBR) (Houston, Texas), a leading provider of engineering, procurement and construction (EPC) services to the hydrocarbons and government services industries, managed steady profit gains, despite weaker revenue, in third-quarter 2015. Strong operational performances across several segments, particularly for Power Industry projects in the Engineering & Construction segment, offset the ongoing effects of weak commodity prices, which have reduced demand from the upstream Oil & Gas Industry. Industrial Info is tracking $137.72 billion in projects involving KBR.
Within this article: Details on KBR's quarter and projects, including the construction of a fertilizer plant in Idaho.
