Financial Data and Key Metrics Changes - The second quarter results showed record net service revenue (NSR), margins, and earnings per share (EPS) [9][27] - Adjusted EBITDA increased by 8% to $290 million, and adjusted EPS rose by 20% to $1.25, both setting new second quarter highs [11][27] - Free cash flow increased by 141% to $178 million in the quarter, with $110 million returned to shareholders through share repurchases and dividends [11][27] Business Line Data and Key Metrics Changes - NSR growth was highest in The Americas, with a 6% increase, reflecting strong demand across all end markets [30] - The adjusted operating margin in The Americas rose by 130 basis points to 19.4%, a new second quarter high [30] - In the international segment, NSR increased by 1%, with mixed trends across markets, but backlog and pipeline are at record highs [31][32] Market Data and Key Metrics Changes - The backlog increased quarter over quarter to a new record, driven by a 1.1 times book to burn ratio [12] - The U.S. market remains robust, accounting for over 50% of NSR, with significant funding appropriated for infrastructure projects [18][19] - Canada experienced double-digit growth in revenue and backlog, supported by a $150 billion investment plan [21] Company Strategy and Development Direction - The company aims to deliver 50% of revenue from advisory and program management over time, investing in these areas to meet growing demand [14] - The competitive edge platform is delivering record high win rates, with an 80% success rate on large enterprise critical pursuits year to date [12][13] - Investments are being made to accelerate organic growth and expand competitive advantages, particularly in advisory and program management [14][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the second half of the year, supported by a strong backlog and pipeline of opportunities [12][41] - The company is navigating macroeconomic volatility and expects continued growth despite isolated delays in project decisions [9][44] - Management noted that the work is highly technical and critical, with ongoing demand driven by aging infrastructure and sustainability requirements [14][15] Other Important Information - The company has maintained a strong balance sheet with net leverage of 0.7x and a focus on capital allocation strategies [32] - The company is committed to returning capital to shareholders while continuing to invest in high-return opportunities [11][32] Q&A Session Summary Question: Guidance for second half EBITDA growth - Management indicated that growth will be balanced between top line and bottom line, with confidence in contracted backlog and pipeline [35][41] Question: Is the company through the worst of isolated delays? - Management expressed confidence in managing delays, noting that disruptions are typical during changes in administration [42][44] Question: Free cash flow expectations for 2025 - Management aims to maintain over 10% free cash flow conversion of adjusted net income, with strong performance in the first half [47][50] Question: Private sector exposure and customer confidence - Private sector represents approximately 30% of the business, with growth expected to continue, particularly in water and environment sectors [52][54] Question: Capital allocation strategy and share buybacks - The capital allocation strategy remains unchanged, with share repurchases aligned with free cash flow generation [58][59] Question: Expectations for international margins - Management expects international margins to improve in the second half, with continued investments in people and capabilities [95][96] Question: Gross revenue versus net revenue and construction management - Management is repositioning the construction management business, which may lead to a decline in gross revenue in the short term [101][102] Question: Update on AECOM Capital wind down - Management confirmed that AECOM Capital should not be modeled for 2026 [104]

Group 1 - Aecom Technology (ACM) reported quarterly earnings of $1.25 per share, exceeding the Zacks Consensus Estimate of $1.15 per share, and up from $1.04 per share a year ago, indicating a positive earnings surprise of 8.70% [1][2] - The company generated revenues of $1.87 billion for the quarter ended March 2025, which was 1.68% below the Zacks Consensus Estimate, and a slight increase from $1.82 billion in the same quarter last year [3] - Over the last four quarters, Aecom has consistently surpassed consensus EPS estimates, achieving this four times [2] Group 2 - The stock has underperformed the market, with a decline of approximately 4.2% since the beginning of the year, compared to a decline of 3.3% for the S&P 500 [4] - The current consensus EPS estimate for the upcoming quarter is $1.28 on revenues of $1.93 billion, and for the current fiscal year, it is $5.05 on revenues of $7.57 billion [8] - The Zacks Industry Rank for Engineering - R and D Services is in the top 15% of over 250 Zacks industries, suggesting a favorable outlook for the sector [9]

LA28 OLYMPIC AND PARALYMPIC GAMES United States AECOM has been named the Official Venue Infrastructure Partner for the LA28 Games, with an unprecedented scope that includes architecture, engineering, planning, program management, and construction management. Disclosures Forward-Looking Statements All statements in this communication other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any statements of the plans, strategies an ...

Exhibit 99.1 | Press Release | Investor Contact: | | --- | --- | | | Will Gabrielski | | | Senior Vice President, Finance, | | | Treasurer | | | 213.593.8208 | | | William.Gabrielski@aecom.com | Media Contact: Brendan Ranson-Walsh Global Head of Communications 213.996.2367 Brendan.Ranson-Walsh@aecom.com AECOM reports second quarter fiscal 2025 results DALLAS (May 5, 2025) — AECOM (NYSE: ACM), the trusted global infrastructure leader, today reported second quarter fiscal 2025 results. | | | | | | As | | | -- ...

Company Overview - Allied Critical Metals Inc. (ACM) aims to become a leading Western supplier of tungsten, a critical mineral, with two 100% owned advanced stage brownfield projects in northern Portugal [1] - The company is positioned for near-term, low-cost production as global supply chains seek alternatives to Chinese and Russian sources [1] Borralha Tungsten Project - The Borralha Tungsten Project has a current inferred mineral resource of 7.0 million tonnes at an average grade of 0.20% WO₃ and an indicated resource of 4.98 million tonnes at 0.21% WO₃, with by-products including silver, copper, and tin [2] - Historical production at Borralha exceeded 10,000 tonnes of tungsten concentrate with an average grade of 66% WO₃ [2] - Recent drilling confirmed broad intercepts, including 106m at 0.21% WO₃ and 10m at 1.75% WO₃, with test work showing up to 70% tungsten recovery [3] Vila Verde Tungsten-Tin Project - The Vila Verde Tungsten-Tin Project has a historical inferred resource of 7.3 million tonnes, with grades of 1,347 g/t WO₃ and 961 g/t WO₃ [4] - ACM plans to construct a pilot plant and initiate production at Vila Verde by Q4 2025, with a processing capacity of 150,000 tonnes of feedstock per year, producing approximately 250 tonnes of WO₃ concentrate [5] Tungsten Market - Tungsten is classified as a critical mineral by the US and EU, essential for defense, semiconductors, electric vehicles, and advanced manufacturing [7] - Currently, over 84% of global tungsten production is concentrated in China, presenting a significant opportunity for ACM to develop a secure, Western-aligned supply chain [7] - The tungsten market is estimated to be valued at approximately $5 - $6 billion USD, used across various industries including defense, automotive, manufacturing, electronics, and energy [20] Offtake Agreements and Financing - ACM has signed a Letter of Intent for an offtake agreement with Global Tungsten & Powders and is in advanced negotiations with additional international refiners [8] - The company is focusing on non-dilutive financing to preserve shareholder value while accelerating near-term production [8]

AECOM (NYSE: ACM ) is a leading global infrastructure consulting company with approximately 51,000 technical experts and operations in over 50 countries. The company deals with large-scale projects in the environment, energy, transportation, and water, among other industries. The company operates more asAt Henriot Capital, we live by the principle that simplicity and common sense drive success. I’m passionate about building a hedge fund with a clear purpose, disciplined focus, and consistent alpha. Our appr ...

Core Viewpoint - The completion of the reverse takeover of Deeprock Minerals Inc. by Allied Critical Metals Corp. marks a significant milestone for the company, positioning it as a reliable supplier of critical minerals, particularly tungsten, in a market increasingly focused on securing alternative sources outside of China and Russia [2][3]. Transaction Details - The transaction was executed through a plan of arrangement involving a three-cornered amalgamation, where ACM amalgamated with a wholly-owned subsidiary of the company, resulting in the cancellation of ACM shares and the issuance of common shares of the company on a 1-for-1 basis [3]. - Prior to the transaction, the company changed its name to "Allied Critical Metals Inc." and consolidated its common shares on a 40-to-1 basis, transferring existing assets and liabilities to a subsidiary, Revelation Minerals Inc. [4]. Financial Aspects - ACM completed a brokered private placement of subscription receipts at a price of $0.20 per receipt, raising approximately $4.6 million through the issuance of 22,890,680 subscription receipts [5]. - Each subscription receipt was converted into units of the resulting issuer, consisting of one share and one-half of a common share purchase warrant, with an exercise price of $0.25 per share for a period of 24 months [5][6]. Trading Resumption - Trading in the resulting issuer shares was halted on the Canadian Securities Exchange on October 29, 2024, and is expected to resume by April 29, 2025, under the symbol "ACM," pending final approval from the CSE [7]. Company Overview - Allied Critical Metals Inc. is headquartered in Vancouver, British Columbia, focusing on the acquisition, exploration, and development of mineral resource properties in Canada and tungsten projects in Portugal, specifically the Borralha and Vila Verde Tungsten Projects [8].

Core Insights - AECOM has secured a long-term partnership with Sydney Water to support a major capital investment program over the next 10 years, focusing on climate resilience and infrastructure renewal [1][2][3] Group 1: Partnership and Project Scope - The partnership with Sydney Water is aimed at addressing population growth, aging infrastructure, and environmental pressures while supporting economic growth [2][5] - AECOM will act as a Design Development Partner, assisting in planning and design across various water projects, including pipelines and treatment plants [4][6] Group 2: Backlog and Market Position - AECOM has reported a total backlog of $23.88 billion at the end of the first quarter of fiscal 2025, reflecting a growth from $23.32 billion in the prior year, with a 55.2% contracted backlog growth [8] - The company has achieved a 100% win rate in its largest strategic pursuits, indicating strong competitive advantages in securing large, complex projects [8] Group 3: Financial Performance - AECOM's net service revenues (NSR) grew by 5.5% on an adjusted basis in the first quarter of fiscal 2025, despite a year-to-date share price decline of 18.6% [11] - The company is expected to benefit from infrastructure investment driven by new U.S. administration policies, supporting growth in fiscal 2025 and beyond [11]

Core Insights - AECOM is experiencing strong demand across its end markets, reflected in a robust backlog and a recent contract win in Hong Kong [1][2][6] - The company is committed to delivering technical excellence and sustainable urban development, reinforcing its position in large-scale infrastructure projects [2][3] - AECOM's digital innovation initiatives, including a unified digital twin platform, align with Hong Kong's Smart City strategy, enhancing project efficiency [4][5] AECOM's Market Position - The recent contract with Hong Kong's Civil Engineering and Development Department strengthens AECOM's role in shaping the future of urban development in the region [1][2] - AECOM's partnership with AtkinsRéalis will provide comprehensive services for the 190-hectare development, targeting completion by 2038 [3][5] Backlog and Growth Prospects - AECOM's total backlog reached $23.88 billion, an increase from $23.32 billion year-over-year, indicating strong market visibility and demand for services [6] - The company achieved a 100% win rate in its largest strategic pursuits during the fiscal first quarter, reflecting robust growth prospects [6] Industry Context - AECOM, along with other infrastructure companies like EMCOR, MasTec, and Comfort Systems, is expected to benefit from U.S. administration policies focused on economic growth and infrastructure investment [7][8] - The overall demand for infrastructure services is anticipated to drive capital investment and enhance growth outlooks for fiscal 2025 and beyond [7][8]

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading activities [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as recommendations or advice for any financial actions [1]. - The content is not tailored to individual financial situations or needs, highlighting the necessity for users to apply their own discretion [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - Users are encouraged to perform their own research and understand the risks involved before investing in any financial instruments [1].