2013 Proxy Statement 2.8 MB. Additional information concerning these and other factors can be found in the Company's public periodic filings with the Securities and Exchange Commission, including the discussion under the heading "Item 1A. Fluor helps clients meet their sustainability goals with a relentless focus on caring for people, communities and the environment. The call will also be accessible by telephone at 800-458-4148 (U.S./Canada) or 323-794-2093. The Company is working diligently to complete its Annual Report on Form 10-K for the year ended December 31, 2019 (the “2019 Form 10-K”), and while … As of the end of August 2020, Fluor’s cash balance was $2.1 billion and the company expects the cash balance to be approximately in that range through the end of the year. Click Here to register for the replay. Fluor serves its clients by designing, building and maintaining safe, well executed, capital-efficient projects around the world. As a result, the Company has decided to retain the Government segment which will cease to be reported as a discontinued operation in the first quarter of 2020. Adjusted EPS is defined as net earnings per diluted share from continuing operations attributable to Fluor less restructuring expenses and NuScale expenses. 2020 Proxy Statement Supplement 56.4 KB. Access our complete Annual Report to Shareholders, including consolidated financial statements and related notes. Consolidated backlog at year-end is expected to be $32.7 billion. IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) today disclosed preliminary select financial results for its fiscal year and fourth quarter ended December 31, 2019 and announced a delay in the submission of full year financial statements. The Company is unable to provide a reconciliation of these forward-looking non-GAAP financial measures to the most comparable GAAP measure because it is unable to predict with reasonable certainty the outcome of certain significant items without unreasonable efforts. video celebrates Fluor's legacy as a construction leader, while demonstrating our continued self-perform construction capability. For 2020, Fluor is introducing adjusted EPS guidance of $1.40 to $1.60 per share from continuing operations, which includes the Government business. For 2020, Fluor is introducing adjusted EPS guidance of $1.40 to $1.60 per share from continuing operations, which includes the Government business. The Company has not made a determination at this time as to whether there are prior period material errors in its financial statements, although such remains possible. For more information, please visit www.fluor.com or follow Fluor on Facebook, Twitter, LinkedIn and YouTube. Click Here to register for the replay. Given the ongoing internal review and recent developments on two projects, the Company does not expect to complete and file its annual report on Form 10-K prior to the end of February. Forward-Looking Statements: This release contains forward-looking statements (including without limitation statements to the effect that the Company or its management "believes," "expects," ”plans,” “intends,” is “positioned” or other similar expressions). PDF; Form 10K (HTML) Fluor Corporation does not currently have any hardcopy reports on AnnualReports.com. At year-end, Fluor’s cash plus current and marketable securities was $2.0 billion, up slightly from a year ago. Last fall, as part of Fluor’s strategic review process to improve its financial position, the Company announced that it was initiating plans to sell substantially all of its Government business. Actual results may differ materially as a result of a number of factors, including, among other things, the results of the review of prior period accounting on certain projects; developments in governmental investigations and/or inquiries; the use of estimates and assumptions in preparing our financial statements; the cyclical nature of many of the markets the Company serves, including the Company’s Energy & Chemicals segment; the Company's failure to receive new contract awards; cost overruns, project delays or other problems arising from project execution activities, including the failure to meet cost and schedule estimates; intense competition in the industries in which we operate; failure to obtain favorable results in existing or future litigation or regulatory proceedings, dispute resolution proceedings or claims, including claims for additional costs; failure of our joint venture or other partners, suppliers or subcontractors to perform their obligations; cyber-security breaches; foreign economic and political uncertainties; client cancellations of, or scope adjustments to, existing contracts; failure to maintain safe worksites and international security risks; risks or uncertainties associated with events outside of our control, including weather conditions, public health crises, political crises or other catastrophic events; client delays or defaults in making payments; the availability of credit and restrictions imposed by credit facilities, both for the Company and our clients, suppliers, subcontractors or other partners; failure to implement strategic and operational initiatives; risks or uncertainties associated with acquisitions, dispositions and investments; the inability to hire and retain qualified personnel; the potential impact of certain tax matters; possible information technology interruptions or inability to protect intellectual property; the Company’s failure, or the failure of our agents or partners, to comply with laws; the Company's ability to secure appropriate insurance; new or changing legal requirements, including those relating to environmental, health and safety matters; liabilities associated with the performance of nuclear services; foreign currency risks; the loss of one or a few clients that account for a significant portion of the Company's revenues; possible limitations on bonding or letter of credit capacity; asset impairments; and risks arising from the inability to successfully integrate acquired businesses. Full year new awards for the Infrastructure & Power segment in 2019 were $2.6 billion, compared to $2.1 billion in 2018. Foreword by the Board chairman Looking at our objectives, 2019 was a good year for the Pension Fund. “In 2019 we started down the path of making tangible, actionable changes to our business strategy and structure to position Fluor for long-term success,” said Carlos Hernandez, Fluor chief executive officer. Risk Factors" in the Company's Form 10-K filed on February 21, 2019. Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 28, 2020 FLUOR CORPORATION NYSE:FLR / Fluor Corp. - SEC Filings, Annual Report, Proxy Statement. Media Relations This study aims to demonstrate enhanced precision in surgical removal of The Other segment includes allocated overhead expenses on the Radford and Warren projects and expenses for NuScale. A replay of the call will be available by telephone for one week. The Company disclaims any intent or obligation other than as required by law to update its forward-looking statements in light of new information or future events. Government: 2.5% to 3.5% In the course of responding to the SEC’s data requests and conducting our own internal review, the Company is reviewing its prior period reporting and related control environment. New awards totaled $574 million for the fourth quarter and ending backlog is expected to be $2.5 billion, up from $2.3 billion a year ago. Fourth Quarter and Year-End Conference Call. 2019; 2018; 2020 Proxy Statement 17.7 MB. In the fourth quarter, the segment booked new awards of $1.7 billion, including a project for INVISTA in China and the Polyols Petrochemicals project for Bharat Petroleum Corporation in India. Investor Relations Funding for NuScale in the second half of 2019 was provided by outside investors. Full year new awards for its Energy & Chemicals segment were $3.7 billion, compared to $10.6 billion in 2018. 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