AECOM — Nov 18, 2024 release

- At least 20 to 30 basis points of adjusted EBITDA margin 5 expansion. - At least 100% conversion of adjusted net income to free cash flow 6 . - Double-digit adjusted EPS 1 and free cash flow 6 per share growth. · The Company also expects to achieve an at least 17% adjusted EBITDA margin 5 exiting fiscal year 2025 and an at least 25% ROIC 9 over the long term.   Cash Flow, Balance Sheet and Capital Allocation Update   · Fourth quarter operating cash flow of $299 million and free cash flow 6 of $275 million, contributed to full year free cash flow 6 of $708 million, an increase of 20% from the prior year. – Full year free cash flow represented 10% of net service revenue, reflecting the high quality of the Company’s earnings. · The Company returned approximately $560 million to shareholders through repurchases and dividends in the year. · The Board of Directors approved an increase to its share repurchases authorization to $1 billion and an 18% increase to its quarterly dividend program to $0.26 per share. · The Company has increased its annual dividend by an average of 20% over the last three years, delivering on its commitment to increase the value of its per share dividend by double digits annually. · Since the initiation of its repurchase program in September 2020, the Company has repurchased $2.2 billion of stock, which represents approximately one-third of the Company’s mar