AECOM — Feb 3, 2025 release

- Adjusted 1 EBITDA 4 of between $1,175 million and $1,210 million, up 9% at the mid-point. - Adjusted 1 EPS of between $5.05 and $5.20, up 13% at the mid-point. - 30 basis points of both segment adjusted 1 operating margin 3 and adjusted EBITDA margin 5 expansion to 16.1% and 16.3%, respectively. - 100%+ free cash flow 6 conversion.   · Other assumptions incorporated into fiscal 2025 guidance:   - An average fully diluted share count of 134 million, which reflects only shares repurchased to-date. - An adjusted effective tax rate of approximately 24% for the full year.   · 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.   Business Segments   Americas   Revenue in the first quarter was $3.1 billion, a 2% increase from the prior year. Net service revenue 2 was $1.1 billion, an 8% increase from the prior year. This performance was driven by 9% growth in the design business and reflected strong growth in both the U.S. and Canada, resulting from the ongoing multi-decade secular growth drivers of investments in infrastructure, sustainability, resilience and energy.   Operating income increased by 12% to $196 million and on an adjusted 1 basis increased by 10% to $197 million. The adjusted operating margin on net service revenue increased by 40 basis points over the prior year to 18.7%,