AECOM reported third-quarter revenue of $4.5 billion today.
Financial Highlights
- Wins of
$4.8 billion driven by a book-to-burn ratio1 of 1.5 inAmericas design business. - Free cash flow3 of
$150 million ; YTD free cash flow of$427 million . - Company affirms 2015 to 2017 annual
$600 million to $800 million free cash flow target. - Q3 debt reduction of
$95 million ;$550 million in FY15 since the close of the transaction. - Adjusted EPS2 of
$0.74 ; solid performance offset by$0.09 lower-than-expected benefit from non-cash normal profit. - On track to achieve full-year synergy savings run-rate of
$180 million . - Company adjusts fiscal year 2015 adjusted EPS2 guidance to
$3.05 to $3.45 to reflect lower non-cash normal profit.