The AECOM executives told investors in a results conference presentation on February 4 that their future revenue will not be limited to federal budget cuts, with almost one in three dollars of income from state governments and locals.
The Trump administration’s “budgetary scrutiny” is likely to affect the income and profitability of the company, Executives stated in a presentation, with a note The combination of AECOM income is very diversified by “client, market sector and geography”.
The United States Environmental Protection Agency, which is expected to be reduced, and the United States Agency for International Development, which has suspended operations and that Trump Ally Elon Musk claims that the President has agreed. Together, 0.5% of the net revenue of the engineering and construction of the Dallas engineering and construction giant: less revenue less.
The company reported abruptly highest net revenue of the quarter, which ended on December 31, 2024, $ 167 million, compared to $ 94 million in the same quarter of the previous year, with slightly higher annual income, 4,100 Millions of dollars against $ 3.19 billion by 2023.
“The advantages of our Think and act worldwide The strategy is evident in our high rates of victories and the record record, “said Lara Poloni, president of the AECOM. He said that the company’s investment in his new water and environmental counseling business already has fruits and Aecom is confident that he can double his $ 200 million in net annual income in three years.
The firm in October 2024 hired Jill Hudkins, who left last May as President of the Tetra Tech consultant, to be CEO of the new line of business that is expected to expand the work in advanced management d ‘Active of water and the remediation PFAS, said Aecom.
