SOURCE: Industrial Info Resources

March 03, 2009 06:00 ET

KBR Posts $88 Million Fourth-Quarter Profit, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 3, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Engineering and construction firm KBR Incorporated (NYSE:KBR) (Houston, Texas) has reported a fourth-quarter 2008 net income of $88 million, up 23.9% year over year, on strong revenue across the board, especially in the Services business unit. Net income for the year totaled $319 million, compared with $302 million in 2007. As part of our International Industrial Database, Industrial Info is tracking 43 active projects worth $42.1 billion involving KBR. The largest of the projects is a $12 billion grassroot refinery in Saudi Arabia that Industrial Info has been monitoring since March 2006.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

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