AECOM — Feb 3, 2025 release

  · 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%, a new first quarter high, reflecting high-returning organic growth initiatives and strong execution. Expanding margins continue to enable growing investments in AI, digital and new growth platforms, including the Water & Environment Advisory business.   Backlog in the Americas segment is at a record high,