WorleyParsons CFO told earnings targets a ‘stretch’, email reveals

Class Actions 2018-08-06 11:04 pm By Christine Caulfield | Melbourne

A week before WorleyParson’s CEO promised shareholders net profits in excess of $322 million for the 2014 financial year, the engineering group’s global finance director told its CFO that the company’s earnings targets were “a stretch”, according to an email uncovered in a shareholder class action.