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Corporate Profile for Willbros Group Inc., dated June 8, 2001.


Business Editors

--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.


Published Date:   June 8, 2001

Company Name:     Willbros Group Inc.

Address:          Headquarters Office:
                  Plaza Bancomer Building, 50th Street, 8th Floor
                  Apartado 6307, Panama 5, Republic of Panama

                  Administrative Office:
                  4400 Post Oak Pkwy. Suite 1000
                  Houston, TX  77027

Main Telephone
 Number:          Headquarters: 011 (507) 213-0947
                  Administrative: 713/403-8000

Internet Home
 Page Address
  (URL)           www.willbros.com

Chief Executive
 Officer:         Larry J. Bump

Chief Financial
 Officer:         Warren L. Williams

Investor Relations
 Contact:         Michael W. Collier
 Business number: 713/403-8016
 E-mail address:  mike.collier@willbros.com

Public Relations
 Contact:         Jeannette Sabala
 Business number: 713/403-8018
 E-mail address:  jeannette.sabala@willbros.com

Industry:         Onshore and offshore pipeline engineering,
                  construction and specialty services

Trading Symbol/
 Exchange:        NYSE:WG

Market Makers:    Wagner Stott Bear Specialists, LLC


Company description: Willbros Group Inc. is a leading independent contractor A person who contracts to do work for another person according to his or her own processes and methods; the contractor is not subject to another's control except for what is specified in a mutually binding agreement for a specific job.  which provides engineering, construction and specialty A contract under seal.

A specialty is a written document that has been sealed and delivered and is given as security for the payment of a specifically indicated debt.
 services to the oil, gas and power industries.

In the latest reporting period, 1Q01, Willbros Group reported earnings of $.05 per diluted di·lute  
tr.v. di·lut·ed, di·lut·ing, di·lutes
1. To make thinner or less concentrated by adding a liquid such as water.

2. To lessen the force, strength, purity, or brilliance of, especially by admixture.
 share on revenues of $65.7 million. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become  for the first quarter was $7.6 million or $.52 per diluted share. The company reported backlog Backlog

The total value of sales orders waiting to be fulfilled.

Notes:
This figure is used mainly in the manufacturing industry. Increases or decreases in a company's backlog indicate the future direction of sales and earnings.
 of $390.6 million, a new record figure, as of March 31, 2001.

Willbros Group common shares trade on the NYSE NYSE

See: New York Stock Exchange
, symbol WG. 52 week low was $4.375, 12-15-00; 52 week high was $17.00, 05-17-01.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 8, 2001
Words:264
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