Amec Foster Wheeler increases its 2014 full year dividend by 3%

DividendMax Ltd.

Amec Foster Wheeler increases its 2014 full year dividend by 3%

Chief Executive Samir Brikho said:

"I am pleased to report that we have delivered 2014 results in line with expectations. Looking ahead, I believe our low-risk, multi-market model combined with the additional benefits from our integration and cost savings programmes, is a strong platform from which to create long-term value for shareholders."

Summary:

Benefits of low-risk, multi-market model evident

Completed transformational acquisition in November

Integration on track; savings target increased to $125m

Weak commodity pricing continues

Full year dividend +3%

Companies mentioned