Foster Wheeler to Make Presentation at Its First-Quarter 2007 Earnings Results Call
May 07 2007 - 8:15AM
Business Wire
Foster Wheeler Ltd. (NASDAQ: FWLT) today announced that its
scheduled first-quarter 2007 earnings results conference call on
Wednesday, May 9, 2007, at 11:00 a.m. (Eastern) will include a
slide presentation. The company expects to release the results the
same day, before the market opens. The slides will be available
approximately one hour before the call commences. The call will be
accessible to the public by telephone or Webcast. To listen to the
call by telephone in the United States, dial 866-425-6195
(conference I.D. No. 8685505) approximately ten minutes before the
call. International access is available by dialing 973-935-8752
(conference I.D. No. 8685505). The conference call and slides will
also be available over the Internet at www.fwc.com or through
StreetEvents at www.streetevents.com. A replay of the call will be
available on the company's Web site, and the call replay will also
be available by telephone. The replay and slides can also be
accessed on the company's Web site for four weeks following the
call. To listen to the replay by telephone, dial 877-519-4471 or
973-341-3080 (replay passcode 8685505# required) starting one hour
after the conclusion of the call through 8:00 p.m. (Eastern) on
Wednesday, June 6, 2007. Notes to Editors: 1. Foster Wheeler Ltd.
is a global company offering, through its subsidiaries, a broad
range of engineering, procurement, construction, manufacturing,
project development and management, research and plant operation
services. Foster Wheeler serves the refining, upstream oil and gas,
LNG and gas-to-liquids, petrochemicals, chemicals, power,
pharmaceuticals, biotechnology and healthcare industries. The
corporation is based in Hamilton, Bermuda, and its operational
headquarters are in Clinton, New Jersey, USA. For more information
about Foster Wheeler, please visit our Web site at
http://www.fwc.com. 2. Safe Harbor Statement This press release may
contain forward-looking statements that are based on the Company�s
assumptions, expectations and projections about Foster Wheeler and
the various industries within which it operates. These include
statements regarding the Company�s expectation about revenues
(including as expressed by its backlog), its liquidity, the outcome
of litigation and legal proceedings and recoveries from customers
for claims, and the costs of current and future asbestos claims and
the amount and timing of related insurance recoveries. Such
forward-looking statements by their nature involve a degree of risk
and uncertainty. The Company cautions that a variety of factors,
including but not limited to the factors described under Part I,
Item 1A. �Risk Factors� in its most recent annual report on Form
10-K, could cause business conditions and results to differ
materially from what is contained in forward-looking statements:
changes in the rate of economic growth in the United States and
other major international economies; changes in investment by the
oil and gas, oil refining, chemical/petrochemical and power
industries; changes in the financial condition of the Company�s
customers; changes in regulatory environment; changes in project
design or schedules; contract cancellations; changes in the
Company�s estimates of costs to complete projects; changes in
trade, monetary and fiscal policies worldwide; currency
fluctuations; war and/or terrorist attacks on facilities either
owned or where equipment or services are or may be provided;
interruptions to shipping lanes or other methods of transport;
outcomes of pending and future litigation, including litigation
regarding the Company�s liability for damages and insurance
coverage for asbestos exposure; protection and validity of the
Company�s patents and other intellectual property rights;
increasing competition by foreign and domestic companies;
compliance with the Company�s debt covenants; recoverability of
claims against the Company�s customers and others by the Company
and claims by third parties against the Company; and changes in
estimates used in the Company�s critical accounting policies. Other
factors and assumptions not identified above were also involved in
the formation of these forward-looking statements and the failure
of such other assumptions to be realized, as well as other factors,
may also cause actual results to differ materially from those
projected. Most of these factors are difficult to predict
accurately and are generally beyond the Company�s control. You
should consider the areas of risk described above in connection
with any forward-looking statements that may be made by the
Company. The Company undertakes no obligation to publicly update
any forward-looking statements, whether as a result of new
information, future events or otherwise. You are advised, however,
to consult any additional disclosures the Company makes in proxy
statements, quarterly reports on Form 10-Q, annual reports on Form
10-K and current reports on Form 8-K filed with the Securities and
Exchange Commission.
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