Australian engineering group WorleyParsons boosted net profit in the financial year to 30 June, helped by the impact of its acquisition last year of the former Amec Foster Wheeler business in the UK, writes Josh Lewis.

WorleyParsons posted a profit of A$62.2 million (US$45.8 million) for the 2018 financial year, up from the A$33.5 million booked the previous year.

Taking into account one-off costs, underlying net profit was up 39.1%,