Jacobs Engineering Group has revealed first quarter earnings of $89.7M (£57M) with a backlog of work worth £9.25bn.
The figures relate to the first quarter of fiscal 2012 ending 30 December 2011. For this same period diluted share stood at 45p and revenue was £1.68bn.
For the same period the previous financial year, net earnings stood at £41.98M, or 33p per diluted share, and revenues of £1.5bn.
The £9.25bn backlog includes a technical professional services component of £6.1bn. This compares to total backlog and technical professional services backlog of £8.29bn and £5.04bn, respectively, for the same period the previous year.
“The business continues to benefit from improving markets and solid sales and operations performance. Our outlook remains positive, as the number and quality of our prospects continue to grow,” said Jacobs president and chief executive Craig Martin.
“With first quarter results in-line with our expectations, we are maintaining our guidance at 179p to 204p per share,” added Jacobs chief financial officer John Prosser Jr.