AECOM Unveils Strategic Plan to Expand AI and Advisory Services, Targets 20%+ Margins by Fiscal 2028 and Considers Sale of Construction Management Business
Reuters
Nov 18
AECOM Unveils Strategic Plan to Expand AI and Advisory Services, Targets 20%+ Margins by Fiscal 2028 and Considers Sale of Construction Management Business
AECOM announced a set of strategic initiatives and updated financial targets aimed at accelerating growth and operating leverage. The company plans to further deploy proprietary AECOM AI solutions and expand its Advisory business, leveraging its technical expertise and client relationships. As part of its strategy, AECOM is evaluating strategic alternatives for its Construction Management business, including a potential sale, to focus resources on its highest-returning and fastest-growing markets. The company set a new target to achieve a 20%+ margin exit rate by fiscal 2028 and raised its adjusted EPS CAGR expectation to 15%+ for fiscal years 2026 through 2029. AECOM also stated its commitment to returns-based capital allocation and continued investment in AI capabilities.
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