Q4 2014 FINANCIAL RESULTS February 27, 2015 Stuart Bradie President and Chief Executive Officer Brian Ferraioli EVP and Chief Financial Officer Zachary Nagle VP, Investor Relations
KBR Safety 2014 KBR TRIR* Driving to Zero Harm 0.40 Clear and consistent Health, Safety, Security 0.38 and Environment (HSSE) messaging from 0.35 Senior Management in town halls, videos 0.35 Structured HSSE Campaign Strategy 0.30…
Summary KBRs restructuring has begun and is on track to deliver segment margin percentage targets and 200M annualized savings T&C gross profit and equity in earnings margin low 20 range E&C gross profit and equity in earnings margin…
Restructuring Charge Reconciliation to Reported P&L Impacts from Restructuring (Estimates vs Actual) in USD millions High End Mapping to 10-K Analyst Day Consolidated Statement of Item Range 4Q14 Actual Cash Future Cash Non-cash…
Consolidated Results: Q4 2014 vs Q4 2013 Quarter Ending Commentary ( in millions, except EPS) Dec 31, 2014 Dec 31, 2013 Bookings (New Awards) 380 1,116 Gross Profit includes 130M previously Backlog of Unfilled Orders 10,859 14,118…
Segment Reporting: Q4 2014 vs Q4 2013 Revenue Quarter Ending T&C primarily impacted by completion of Basic Engineering and Design (BED) activities in 2014 ( in millions) Dec 31, 2014 Dec 31, 2013 Reflects higher revenue from…
Cash / Capital Allocation KBR Cash Balance Return of Cash to Shareholders ( in millions) Q4 2014 Q4 2013 ( in millions) Q4 2014 YTD Dec-14 Since Jan-07 Domestic 200 355 Share Repurchases 4 106 731 International 690 675 Dividends 12…
Market Outlook: Technology & Consulting Technology market opportunities strong, led by ammonia, refining, olefins & other chemicals Prospects include a solid balance of new facilities and rebuilds Opportunities in China and…
Market Outlook: E&C Recent awards supporting strategic focus areas Yara / BASF Grassroots Ammonia Complex, EPC award (1Q15) BG Alliance Partnership Award for front end project development Saudi Aramco - Long Term Maintenance…
Market Outlook: E&C (Continued) Good pipeline of near- and long-term prospects Continue to work on Shell Global LNG Agreement, with several assignments underway Downstream opportunities (refining and petrochemicals) in the Middle East…
Market Outlook: Government Services U.K. Army Re-Basing Client has confirmed intention to contract with existing KBR JV for facilities construction, subject to satisfactory negotiation. Award expected in 2015 Strong operational…
Summary Restructuring has begun and is on track to achieve margins and cost savings targets 4Q14 results include significant restructuring and tax valuation related charges 4Q14 segment operating results reflect some discrete items…
Appendix
Consolidated EBITDA Reconciliation 4Q 2014 Quarter Ending ( in millions) Dec 31, 2014 Dec 31, 2013 Net Income Attributable to KBR (1,241) (56) Add Back: Interest Income (Expense) (5) (2) Provision for Tax (391) (24)…
KBRs Business Groups Technology & Consulting Engineering & Construction Government Services Proprietary Technologies Offshore EMEA Upstream Fixed Platforms Home Base Operational Semi-submersible hull Floating Facilities Support…
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