Slide 1: Safe Harbor
Safe Harbor Except for historical information contained herein, this presentation contains “forward-looking statements.” All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any projections of earnings,
Slide 2: A Leading Provider of Infrastructure Services
A Leading Provider of Infrastructure Services Design and Consulting Services 44% Construction Services 38% Management Services 18% Transportation 39% Environment and Water 31% Facilities and Industrial 25% Power and Energy 5% Building Construction 59% Energy and Industrial Construction 41% Cyber Sup
Slide 3: Consistent Performance Driven by Strong Execution
Consistent Performance Driven by Strong Execution AECOM is distinguished by: Industry leading cash flow Disciplined, returns-driven capital allocation Broadly diverse end-markets and geographies A lower-risk contracting mix Leading exposure to secular trends such as urbanization and environmental re
Slide 4: Design & Consulting Services (44% of Revenue TTM)
Design & Consulting Services (44% of Revenue TTM) Page 5 1 Per Engineering News-Record (2015). DCS 36% of Backlog DBFO Leader in major infrastructure markets Concentrated in core metros with strong funding High concentration of public sector clients and regulatory driven markets adding to visibility
Slide 5: Construction Services (38% of Revenue TTM)
Construction Services (38% of Revenue TTM) Page 6 Leading construction services platform – a key component of AECOM’s DBFO strategy Built on a heritage of delivering large and complex projects across Energy and Industrial Construction businesses Strong culture of risk management and execution excell
Slide 6: Management Services (18% of Revenue TTM)
Management Services (18% of Revenue TTM) Page 7 DBFO MS 22% of Backlog Page 7 Leading capabilities in high value markets Diversified business with leading DOE, DOD, and intelligence presence Pursuing significant international defense opportunities Leveraging MS into commercial operations and mainten
Slide 7: AECOM Capital
AECOM Capital Page 8 Founded in 2013, AECOM Capital is a platform for investing in public infrastructure and private real estate opportunities $200 million of capital committed since inception, representing 7.5 million square feet and $3.5 billion in real estate investments Expect to begin realizing
Slide 8: Q1 FY16 Business Highlights & Outlook
Q1 FY16 Business Highlights & Outlook Construction Services Organic revenue growth of 6% driven by building construction; offset by contemplated reduction in Oil & Gas revenue Expanding building construction into new geographies Regulatory-driven power and coal-ash opportunities Oil & Gas cost reduc
Slide 9: Cash Generation and Capital Allocation Highlights
1Q FY16 Highlights Free cash flow1 of $77 million; debt reduction of $84 million Repaid over $800 million in debt subsequent to closing the URS transaction in FY15 $59 million in proceeds from disposals of assets and businesses FY11- 1Q FY16 Highlights Cumulative FCF1,2 of $2.0 billion; exceeded net
Slide 10: Executing Our Strategy – Diversified Platform
Executing Our Strategy – Diversified Platform Page 11 Page 11 11% 14% 23% 52% Private Non-U.S. Government U.S. State/Local U.S. Federal 9% 71% 14% U.S. Asia-Pacific EMEA Canada 6% 22% 49% 28% GMP Fixed Price Cost Plus Hard Bid 1% Note: End Markets, Geographies and Funding Sources based on Q1 FY16 TT
Slide 11: Fiscal 2016 Outlook
Fiscal 2016 Outlook Page 12 Page 12 Adjusted EPS1 guidance of $3.00 to $3.40 Other Metrics Effective adjusted tax rate2 of approximately 28% FY16 share count of approximately 156 million Approximately $165 million in depreciation expense Approximately $200 million of amortization of intangible asset
Slide 12: Appendix: Reconciliation for Amortization, Acquisition & Integration Expenses and Financing Charges
Appendix: Reconciliation for Amortization, Acquisition & Integration Expenses and Financing Charges Page 13 Page 13 Twelve Months Ended Sep 30, Sep 30, 2014 2015 Net income (loss) attributable to AECOM – per diluted share $2.33 ($1.04)* Per diluted share adjustments: Acquisition and integration expe
Slide 13: Appendix: Reconciliation for Non-Cash Goodwill Impairment in Fiscal Year 2012
Appendix: Reconciliation for Non-Cash Goodwill Impairment in Fiscal Year 2012 Page 14 Page 14 Twelve Months Ended in millions, except EPS Sep 30, 2012 Goodwill Impairment, gross $336 Goodwill impairment, net of tax 317 Net income attributable to AECOM as reported (59) Net income attributable to AECO
Slide 14: Appendix: Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow
Appendix: Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow Page 15 Page 15 Twelve Months Ended in millions Sep 30, 2014 Sep 30, 2015 Net cash provided by operating activities $360.6 $764.4 Capital expenditures, net (62.8) (69.4) Free cash flow $297.8 $695.0
Slide 15: Thank you!
Thank you! Page 16 $18 Billion $18 billion in pro-forma revenue for LTM ended December 31, 2015 Page 16 Investor Contact: Will Gabrielski VP, Investor Relations 213.593.8208 William.Gabrielski@aecom.com
Slide 16: Thank you!
Thank you! Will Gabrielski VP, Investor Relations 213.593.8208 William.Gabrielski@aecom.com Page 16 A=COM