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AECOM Grows Project Backlog to Record High

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SUGAR LAND--February 6, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)-- Engineering, procurement and construction firm AECOM (NYSE:ACM) (Los Angeles, California) grew its project backlog by 22% in the quarter ending December 31 (the company's first fiscal quarter of 2019) to $59.5 billion, an all-time record high for the company. The company won a record $11 billion in business during the quarter. The company's quarterly revenue rose modestly at 2.6%, from $4.91 billion in 2017 to $5.03 billion in 2018. AECOM's quarterly net income fell from $111.3 million in 2017 to $51.5 million.

Within this article: Details of projects involving AECOM

Other companies featured: Alliant Energy Corporation (NYSE:LNT)

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Industry Segment: Industrial Manufacturing
Word Count: 781 Words

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