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AECOM reports good 2011 annual results

Giant international engineering company AECOM has reported its fourth quarter and full fiscal financial results for 2011.


Giant international engineering company AECOM has reported its fourth quarter and full fiscal financial results for 2011.

With a fiscal year ending September 30, 2011, AECOM reported net income for the year of $276 million, an increase of 16% over last year’s figure of $237 million. The diluted earnings per share (EPS)  for 2011 was $2.33, a 14% increase over the same period last year.

Operating income for the full year increased 24% to $421 million. Revenue for the fiscal year 2011 was $8.0 billion – 23% higher than fiscal year 2010.

The company’s professional technical services segment, which includes architecture and engineering design, had revenues of $6.9 billion over the year, representing a 27% increase over the year before. The segment’s operating income increased 11% from last year to $445 million.

John Donisio, AECOM’s chairman and chief executive officer, said: “Overall 2011 was a good year for AECOM. During the year we integrated a number of acquisitions, which strengthened our capabilities in important end markets, including construction, power, energy, mining and cyber security and intelligence. This enabled us to deliver record new wins of $9.3 billion, a backlog of $15.6 billion and earnings growth of 14%.”

AECOM has 45,000 employees around the world, including approximately 4,250 in Canada.