AECOM reports fourth-quarter, full-year fiscal year 2013 results
Quarter and Full-Year Highlights
• Free cash flow of $145 million; $356 million for full-year fiscal 2013.
• Backlog of $16.6 billion with $1.8 billion in new wins in the quarter.
• EBITDA margin of 11.6 percent, 9.4 percent for full-year fiscal 2013.
• Full-year company invests $373 million to repurchase 14.4 million shares.
• Reported EPS of $0.77, full-year fiscal 2013 EPS of $2.35.
• Company targets full-year diluted EPS of $2.35 to $2.45 for fiscal year 2014.
AECOM Technology Corporation (NYSE: ACM) reported fourth-quarter revenue of $2.1 billion and net service revenue1, of $1.2 billion. Operating income equaled $123 million, reported net income2 was $77 million, and diluted earnings per share equaled $0.77.
Fourth Quarter |
Fiscal Year |
|||||
($ in millions, except EPS) |
Q4 FY12 |
Q4 FY13 |
YOY % Change |
FY12 |
FY13 |
YOY % Change |
Reported Figures |
||||||
Gross Revenue |
2,083 |
2,079 |
– |
8,218 |
8,153 |
(1) |
Net Service Revenue (NSR)1 |
1,340 |
1,244 |
(7) |
5,184 |
4,977 |
(4) |
Operating Income |
(199) |
123 |
NM |
54 |
377 |
603 |
Net Income2 |
(225) |
77 |
NM |
(59) |
239 |
NM |
Earnings per Share2 |
(2.05) |
0.77 |
NM |
(0.52) |
2.35 |
NM |
Operating Cash Flow |
226 |
160 |
(29) |
433 |
409 |