Jacobs Engineering Group (JEC) Q1 2020 Earnings Call Transcript

Jacobs Engineering Group (JEC) Q1 2020 Earnings Call Transcript

Although such statements are based on management's current estimates and expectations and currently available competitive, financial and economic data, forward-looking statements are inherently uncertain.. Steve will provide an updated outlook along with some closing remarks, and then we will open the call up to your questions.. Since 2015, we have been transforming our business to a technology-focused solutions company that leverages our global scale, deep technical expertise and now an enhanced brand.. We've revolutionized our company culture to align our people around one purpose, which is to challenge the accepted and reinvent our thinking to deliver innovative solutions to our customers.. First quarter free cash flow is in line with our expectations.. Now I'll turn the call over to our president and chief operating officer, Bob Pragada, to discuss the performance of our two lines of business.. And now moving on to Slide 6 to review our Critical Mission Solutions performance.. Our Critical Mission Solutions pro forma backlog was up 4% from last year to $8.5 billion, and when accounting for the burn-off of the Hanford Central Plateau Remediation Contract, our CMS backlog increased by high single digits over prior year.. In summary, we're pleased with Critical Mission Solutions performance..