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Thu February 23rd 2012

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News » International » Earnings and orders up at Jacobs

Earnings and orders up at Jacobs

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Jacobs reported today net earnings of US$89.7m (£57.2m) on revenues of US$2.63bn for the first quarter of its 2012 fiscal year.

The results for the period ended 30 December 2011 compare with net earnings of US$65.8m on revenues of US$2.36bn for the corresponding period the year before. Its order book stood at US$14.5bn at the end of 2011, including a technical professional services component of US$9.5bn.  This compares with backlog figures of US$13bn and US$7.9bn respectively at the end of 2010.

"The business continues to benefit from improving markets and solid sales and operations performance,” said Jacobs president and CEO Craig Martin stated. “Our outlook remains positive, as the number and quality of our prospects continue to grow."

MPU

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This article was published on 27/01/2012 (last updated on 27/01/2012).

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