Quarter and Full-Year Highlights
• Wins of $4.2 billion in the quarter; backlog of $25.1 billion, including $3 billion acquired from Hunt Construction Group.
• Free cash flow of $162 million; $298 million for full-year fiscal 2014.
• Quarterly EPS of $0.79; full-year EPS of $2.53, excluding acquisition and integration expenses.
• Company targets fiscal year 2015 adjusted EPS of $2.75 to $3.35, including 50 weeks of URS contribution.
• Company completed acquisition of URS Corporation on Oct. 17, 2014, as previously announced.
AECOM, the world’s #1-ranked engineering design firm, reported fourth-quarter revenue of $2.6 billion and net service revenue1, of $1.3 billion. Operating income equaled $103 million, net income2 was $64 million, and diluted earnings per share2 equaled $0.64. After adjusting for acquisition and integration expenses, diluted earnings per share3 were $0.79 for the quarter and $2.53 for the fiscal year.
Fourth Quarter |
Fiscal Year |
|||||
($ in millions, except EPS) |
Q4 FY13 |
Q4 FY14 |
YOY % Change |
FY13 |
FY14 |
YOY % Change |
Gross Revenue |
$2,079 |
$2,563 |
23 |
$8,153 |
$8,357 |
3 |
Net Service Revenue1 |
1,244 |
1,319 |
6 |
4,977 |
4,856 |
(2) |
Operating Income |
123 |
103 |
(17) |
377 |
353 |
(6) |
Net Income2 |
77 |
64 |
(16) |
239 |
230 |
(4) |
EPS2 |
0.77 |
0.64 |
(17)
|