SOURCE: Industrial Info Resources

May 05, 2009 05:30 ET

KBR's First-Quarter Profit Drops Despite 28% Rise in Revenue, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 5, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Engineering and construction firm KBR Incorporated (NYSE:KBR) (Houston, Texas) has posted a net income of $77 million, down 21.4% compared with $98 million in the same period last year, when the company gained $51 million from an arbitration settlement. In the first quarter of 2009, the company's revenues totaled $3.2 billion, up 28% compared with $2.5 billion year over year. Industrial Info is tracking 42 active projects involving KBR worth $40.37 billion as part of the International Industrial Database.

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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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