- Fluor reported Q3 earnings which were significantly impacted by disruptions due to the COVID with customers across key industries pulling back on capex spending.
- An improving macro outlook as the pandemic wanes through 2021 can support a stronger recovery for large scale industrial engineering and construction projects.
- The company filed restated annual reports going back to 2016 stemming from an accounting investigation and is now looking to move forward focusing on generating value.
For further details see:
Flour Corp: A Bellwether For Global Industrial Activity In 2021