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