What causes the financial year 2026 earnings hit for Worley?

Worley (ASX:WOR) faces reduced earnings because the ongoing Middle East conflict has disrupted its regional operations and delayed the commencement of new contracts.

What are the updated underlying EBITA impact figures for Worley?

Worley (ASX:WOR) now estimates the Middle East conflict will reduce its financial year 2026 underlying EBITA by up to $60 million. The company stated that this updated range increases its previous forecast of a $30 million to $40 million impact.

What does the current geopolitical situation mean for the Worley project pipeline?

Worley (ASX:WOR) reported that customers continue to delay the commencement and award of new projects due to ongoing conflict disruptions. However, the company confirmed that no existing project contracts have been cancelled.

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Worley flags up to $60 million earnings hit

Written by Jon CuthbertPublished Jun 25, 2026, 12:29 AM

Worley announced that the ongoing Middle East conflict and a stronger Australian dollar will impact its FY26 earnings.
The company increased its estimated underlying EBITA impact from the conflict to up to $60 million.
Project delays from customers and foreign currency translation headwinds are driving the revised financial guidance.

Middle East conflict disruptions will reduce Worley (ASX:WOR) financial year 2026 underlying earnings by up to $60 million.

The guidance increases the company's previous forecast of a $30 million to $40 million impact.

Customers continue to delay new projects, although the company reported that no existing contracts have been cancelled.

Additionally, a stronger Australian dollar is expected to cause a $50 million foreign currency translation hit to earnings.

Following the announcement, the Worley share price was down at $12.27.

The global engineering company has increasingly focused on energy transition and decarbonisation contracts to drive long-term revenue growth.

Investors continue to monitor how geopolitical uncertainties and foreign currency fluctuations influence the company's expanding international operations.