Fluor Corp. announced on Sept. 25 its 2019 results delayed by an internal review following a February U.S. Securities and Exchange Commission probe of project charges previously stated last year.
The contractor reported a net loss of $1.7 billion, compared to earnings of $9 million for 2018, noting that the figure includes $839 million in project adjustments and reforecasts. restructuring and other exit costs of $533 million, as well as charges related to settling U.K. pension plan issues and other financial items.