Press Release

August 07, 2012

AECOM announced today its financial results for the third quarter of fiscal year 2012.

News

AECOM reported third-quarter revenue of $2.1 billion, a 2.4% increase from the third quarter of fiscal year 2011.  Third-quarter revenue, net of other direct costs1, was $1.3 billion.  Operating income for the third quarter decreased 6.5% from last year to $103 million due to challenging year-over-year performance in the Management Support Services (MSS) segment.  Net income attributable to the company declined 6% to $69 million and earnings per share (EPS) grew 1.6% to 63 cents.

Third Quarter

Year-to-Date

($ in millions, except EPS)

Q3 FY11

Q3 FY12

YOY % Change

Q3 YTD FY11

Q3 YTD FY12

YOY % Change

Gross Revenue

$2,047

$2,095

2.4%

$5,919

$6,135

3.6%

Net Service Revenue1

$1,314

$1,324

0.7%

$3,821

$3,844

0.6%

Operating Income

$110

$103

(6.5%)

$288

$253

(12.1%)

Net Income2

$74

$69

(6.0%)

$188

$166

(11.7%)

Earnings per Share2

$0.62

$0.63

1.6%

$1.59

$1.47

(7.5%)

Free Cash Flow3

$1

$186

NM

($29)

$159