1st Friday Focus On The Environment: A Search For Solutions To Solve Michigan s Flooding Issues
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Tennessee s aging infrastructure needs long-term investment
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Dive Brief:
Jacobs Engineering Group announced on Monday its second-quarter 2021 financial results and reported $3.5 billion of revenue, up 3.5% from the $3.4 billion the company reported for the same period in 2020.
The company s People & Places Solutions segment saw second-quarter gross revenue decline year over year from $2.2 billion to $2.1 billion but net revenue increase by 1.4% from $1.5 billion to $1.6 billion. P&PS backlog increased from $14.2 billion at the end of the second quarter last year to $15.5 billion this year. During Jacobs earnings call with analysts, Kevin Berryman, president and CFO, said its pipeline is benefiting from life sciences and electronics customers moving forward with projects that had been placed on hold.