Press Release

August 05, 2014

AECOM reports third-quarter fiscal year 2014 results

News

Quarter Highlights
• $2.2 billion in new wins, up 16 percent year over year.
• Backlog of $20.5 billion, up 22 percent year over year.
• FY14 EPS guidance in the range of $2.50 to $2.60, excluding costs associated with acquisitions.
• Reported EPS of $0.70.
• Acquisition of URS Corporation currently expected to close in October.

LOS ANGELES (Aug. 5, 2014) — AECOM, the world’s #1-ranked engineering design firm, reported today third-quarter revenue of $2.0 billion and net service revenue1 of $1.2 billion.  Operating income equaled $92 million, reported net income2 was $69 million, and diluted earnings per share2 equaled $0.70.

Third Quarter

Year to Date

($ in millions, except EPS)

Q3 FY13

Q3 FY14

YOY % Change

Q3 YTD FY13

Q3 YTD FY14

YOY % Change

Gross Revenue

$2,067

$1,968

(4.8%)

$6,074

$5,794

(4.6%)

Net Service Revenue1

$1,236

$1,205

(2.5%)

$3,733

$3,536

(5.3%)

Operating Income

$112

$92

(18.2%)

$254

$250

(1.5%)

Net Income2

$71

$69

(2.1%)

$163

$166

1.9%

Earnings per Share2

$0.70

$0.70

(0.0%)

$1.58

$1.69

7.0%

Operating Cash Flow

$96