Skip to main content

AECOM release 4Q and full year results for 2018

Published by , Assistant Editor
World Fertilizer,

AECOM, a fully integrated global infrastructure firm in the chemical industry, has reported 4Q18 revenue of US$5.3 billion and full year revenue of US$20.2 billion.

Net income was US$84 million and diluted earnings were US$0.52/share in the 4Q18. Net income was US$136 million and diluted earnings were US$0.84/share for the full year. On an adjusted basis, diluted earnings per share was US$0.83 for the 4Q18 and US$2.68 for the full year.

Financial performance and outlook

  • Organic revenue increased by 9% in the 4Q18 and by 8% in the full year, resulting in record full year revenue of US$20.2 billion.
  • Total backlog increased by 14% year-over-year to a new all-time high of US$54.1 billion.
  • Wins for the year increased by 23% to a record US$28.4 billion, including wins of over US$6 billion in all four quarters, and momentum has continued in the 1Q18 with more than US$7 billion of large MS and CS wins in October.
  • Fourth quarter free cash flow of US$511 million was a quarterly record, which drove full year free cash flow of US$688 million and resulted in a fourth consecutive year of free cash flow over US$600 million.
  • Total debt declined by US$256 million in the fourth quarter, and the company executed a US$150 million accelerated share repurchase (ASR) that reduced total shares outstanding by 3%.
  • Fiscal 2019 adjusted EBITDA guidance of US$920 – $960 million reflects 12% growth at the mid-point as compared to fiscal 2018.

Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »


Embed article link: (copy the HTML code below):