AECOM reiterates long-term financial forecast at 2019 Investor Day - Seite 2

“We delivered record free cash flow in the fourth quarter of fiscal 2018, building on our track record of consistently strong free cash flow generation over the past several years,” said W. Troy Rudd, AECOM’s chief financial officer. “Our businesses are highly cash generative, which, along with the actions we are taking to drive growth and enhance profitability, position us to deliver increased free cash flow over the next several years. This forecast includes today’s announced target to generate more than $800 million of free cash flow in fiscal 2022. We will continue to prioritize share repurchases, as we demonstrated with the already executed $150 million accelerate share repurchase and additional repurchases during the fiscal first quarter.”

A live webcast of today’s Investor Day will begin at 10 a.m. Eastern Time. The webcast and accompanying presentation slides are available online at http://investors.aecom.com. The webcast will be available for replay following the meeting.

¹ Organic growth is year-over-year at constant currency and excludes revenue associated with actual and planned non-core asset and business dispositions.

² Excluding acquisition and integration related items, financing charges in interest expense, foreign exchange gains, the amortization of intangible assets, financial impacts associated with expected and actual dispositions of non-core businesses and assets, and the revaluation of deferred taxes and one-time tax repatriation charge associated with U.S. tax reform.

³ Free cash flow is defined as cash flow from operations less capital expenditures net of proceeds from disposals.

About AECOM

AECOM (NYSE:ACM) is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $20.2 billion during fiscal year 2018. See how we deliver what others can only imagine at aecom.com and @AECOM.