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Earnings and orders up at Jacobs

27 Jan 12 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."

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