AECOM’s Big Hit and Bright Spots | Business and Finance News

AECOM takes a $337 million hit this quarter from a major construction project delayed by a year due to subcontractor woes — a gamble that wouldn’t pass today’s risk checks. But amid the setback, the company’s backlog hits an all-time high, design business surges in the Americas, and international markets in the U.K. and Australia are accelerating. Strong U.S. infrastructure demand and rising defense spending fuel optimism. While revised financial guidance reflects slower revenue, adjusted EBITDA and EPS targets remain intact — and they’re still on track for $300M in free cash flow. Core operations continue to deliver solid returns, as AECOM stays focused on value and future growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/60258a966bf8bb52