3. Business Strategy Outlook and Risks

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The directors present their report on the consolidated entity consisting of WorleyParsons Limited (Company) and the entities it controlled (Group or consolidated entity) at the end of, or during, the year ended 30 June 2014.

  1. 3.1 Business strategy

    We develop our business strategy using an iterative process at each of the key levels of our business.

  2. 3.2 Outlook

    We expect global capital expenditure levels in Hydrocarbons for FY2015 to be flat compared with FY2014, with capital largely being directed to completing projects already underway.

  3. 3.3 Risks

    Achievement of our medium and long term prospects could be impacted by a number of risks.

  4. 3.4 Unreasonable prejudice
  5. 3.5 Forward Looking Statements