AECOM reports good 2011 annual results

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.