230+ AEC firms report record Growth and Profitability in 2019, but Clouds on the Horizon for 2020

NEW YORK, Oct. 25, 2019 — (PRNewswire) — According to AEC Advisors' 2019 Confidential KPI Survey results, which included participation from 230+ Architecture, Engineering, and Consulting ("AEC") firms with a combined ~$130 billion in global revenues, CEOs reported record 2019 organic growth of 8.7% and record 2019 estimated profitability1 of 14.6% (medians).  However, while 2020 profitability is expected to increase to 15.0%, growth is projected to be 7.2%, slightly lower than 2019, signaling some skepticism in the market, since CEOs usually are overly optimistic in projections.  Results vary depending on size of company, service, end-market, and client type, but AEC Advisors argues that good leadership, business management, and firm culture have the most meaningful impact differentiating high performing versus low performing firms.

Source: AEC Advisors' 2019 Confidential KPI Survey

AEC Advisors ( www.aecadvisors.com) hosted its inaugural Chief Executive Summit for the AEC industry in September 2019 for 260+ CEOs and top executives from the US, Canada, Europe, Australia, Asia, and Middle East.  The event took place at Carnegie Hall and the Mandarin Oriental, NY in New York City.  Attending CEOs led firms that ranged in size from $1 million in revenue to multi-billion-dollar organizations, including half of the ENR top 100 ranked design firms (and 7 of the top 10), and covered the spectrum of engineering & architectural design, environmental consulting, construction & program management, surveying, and other infrastructure consulting services.

The CEO Summit included presentations and discussions covering industry trends; mergers & acquisitions; valuation; internal ownership transition; stakeholder value creation; diversity; technology; and CEO-level networking.  For more about AEC Advisors' summits, please visit: www.aecadvisors.com/conferences.

Dates of our future by-invitation Summits:

CFO Summit, May 5 – 7, 2020 in NYC

Chief Executive Summit, September 15 – 17, 2020 in NYC

About AEC Advisors
AEC Advisors LLC is a leading investment banking and corporate finance advisory firm for executives and boards of AEC firms.  Throughout their careers, the four principals have completed over 130 M&A transactions in the AEC industry and have advised over 500 AEC firms on corporate finance issues, including M&A, capitalization & modeling, stock valuation, KPI benchmarking, and internal ownership transitions.  Our goal is to help key decision‐makers of AEC firms confidently address financial issues and opportunities, so they can focus on their clients, projects, and people.


1 Pre-Bonus & Pre-Amortization Operating Profit divided by Net Revenues

Contact: Josh Lahre, jlahre@aecadvisors.com

Cision View original content to download multimedia: http://www.prnewswire.com/news-releases/230-aec-firms-report-record-growth-and-profitability-in-2019-but-clouds-on-the-horizon-for-2020-300945319.html

SOURCE AEC Advisors LLC

Contact:
Company Name: AEC Advisors LLC
Web: https://www.aecadvisors.com




Review Article Be the first to review this article
Bentley: YII  LiveStream OnDemand

Latest Blog Posts
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
The Census Bureau’s Total Put-In-Place Construction Figure Is Sleepwalking
Andrew WattsAECCafe Guest Blog
by Andrew Watts
Digital Pattern Books Disrupt Construction Industry
Jobs
Mechanical R&D Engineer for Stellartech Research Corp at Milpitas, California
Senior Software 11 Engineer – MCAD…Valley for EDA Careers at San Jose, California
Geographical Information Systems (GIS) Technician for Seacoast Utility Authority at Palm Beach Gardens, Florida
(GIS) Analyst III - Aviation Division for Texas Department of Transportation at Austin, Texas
Geographic Info Specialist II for Texas Department of Transportation at Austin, Texas
Project Coordinator (Utility Coordination Team) for City of Austin at Austin, Texas
Upcoming Events
SIGGRAPH Asia 2019 at Brisbane Convention & Exhibition Centre (BCEC) Brisbane Australia - Nov 17 - 20, 2019
Greenbuild International Conference and Expo: A conversation with President Barak Obama at Georgia World Congress Center Atlanta GA - Nov 19 - 22, 2019
Interior Design Show at Metro Toronto Convention Centre South Building 222 Bremner Blvd Toronto Canada - Jan 16 - 19, 2020
IPEC at The Don CeSar St. Pete Beac FL - Jan 26 - 29, 2020
Kenesto: 30 day trial
Bentley: Livestream On Demand
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2019 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise