AECOM — Nov 18, 2024 release

  Fiscal 2025 Financial Guidance   · AECOM expects to deliver record net service revenue and profitability, margins and continued strong cash flow conversion, including: - Organic NSR 2 growth of 5% to 8%. § Expect phasing to follow a normal seasonal pattern with accelerating growth as the year progresses. - Adjusted 1 EBITDA 4 of between $1,170 million and $1,210 million, reflecting an increase of 9% at the mid-point over fiscal 2024. - An adjusted EBITDA margin 5 of 16.3%, representing a 30 basis point increase from fiscal 2024. - Adjusted 1 EPS of between $5.00 and $5.20, reflecting an increase of 13% at the mid-point compared to fiscal 2024. - 100%+ free cash flow 6 conversion. · Other assumptions incorporated into guidance: - An average fully diluted share count of 134 million, which reflects only shares repurchased to-date, though the Company intends to continue repurchasing stock that would provide a benefit to per share earnings. - An adjusted effective tax rate of approximately 24% for the full year. § The Company expects to maintain an approximately 24% tax rate for the next several years. · See the Regulation G Information tables at the end of this release for a reconciliation of non-GAAP measures to the most directly comparable GAAP measures.   Long-Term Financial Framework for V