Shaw Group declares Q4 financial results & fiscal year 2005
22 Oct '05
3 min read
J.M. Bernhard, Jr., Chairman and Chief Executive Officer of The Shaw Group Inc, said, "They are very pleased with their fourth quarter net income of $0.23 per diluted share, as well as their positive net cash flows from operations of $7.0 million. This marks sixth consecutive quarter with positive results in both net income and net cash flows, excluding the third quarter charges for the debt retirement and a deferred tax asset valuation allowance. Not including the third quarter charges, their net income for fiscal 2005 was a strong $0.77 per diluted share."
Louisiana based The Shaw Group Inc is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for the energy, chemicals, environmental, infrastructure and emergency response markets.
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