AECOM Q1 2020 Earnings Report
Key Takeaways
AECOM reported first quarter fiscal year 2020 results, with adjusted EBITDA exceeding expectations. The company reiterated its full year free cash flow guidance and is confident in achieving its full year and long-term financial targets.
Wins were $3.3 billion, resulting in a book-to-burn ratio of 1.0.
Total backlog increased by 2% over the prior year to $36.5 billion.
Americas adjusted operating margin on an NSR basis of 16.6% was a 220 basis point increase over the prior year.
International adjusted operating margin on an NSR basis increased by 210 basis points over the prior year to 4.7%.
AECOM
AECOM
AECOM Revenue by Segment
Forward Guidance
The Company remains on track to achieve its annual free cash flow guidance of $100 million to $300 million for fiscal 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income