Aecom (0H9N.L) Q4 2024 Earnings Report

In Q4 2024, Aecom reported a revenue of $4.11 billion, reflecting a slight decline of 0.98% quarter-over-quarter but showing a robust year-over-year growth of 6.98%. The company achieved a net income of $172.5 million, a staggering 577.38% increase from the previous year's results, signifying a successful strategic turnaround and operational efficiencies. Management indicated a strong performance driven by infrastructure spending in North America and a robust backlog in projects, suggesting a promising trajectory ahead for future quarters.

The quarter also witnessed significant improvements in profitability metrics with gross profit margin rising to 7.16% and operating income nearly doubling year-over-year, indicating effective cost management and increased project efficiency. Investors should be encouraged by divisional strength and the company's focused approach on high-margin sectors which sets a favorable outlook for the upcoming fiscal year.