Financial Analysis:
Foster Wheeler AG (NASDAQ:FWLT) generated the total revenue of (stock picks) $1.13 billion for the quarter ended September 30th, 2011 as compared to revenue of $904.71 million for the same period last year. The company (stock picks) reported the net profit of $36.86 million or earnings of $0.32 per share for the respective quarter as compared to net income of $51.72 million or earnings of $0.40 per share last year.
The company’s total assets accumulate up to $2.84 billion out of which fixed assets have the highest proportion. The company (stock picks) maintains a strong short term liquidity position as per its current ratio of 1.60 times.
Regards,
Don
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