and morning Thank and all. afternoon to good you, good Steve,
of Let's performance more year-over-year. the grew of where move financial Fourth will fiscal revenue quarter XX XXXX. pro you X% fourth summary on for to detailed forma our a see Slide quarter
success ATEN higher at forma basis accrual XX% incentive operating way benefiting was sequentially was G&A We margin up and across G&A acquisition another growth mix our from GAAP and pro CHXM our the flat year-over-year, were gross offset an with by integration XX%. X.X% absolute pro expected CHXM-related by costs. from leading continued the impacted higher gross by margins Fourth We again attaining reduced had driven cost was have down margin quarter. of XXX all points of on quarter true-ups year-over-year This basis QX, synergies. profit businesses benefit the in spend in as was CHXM. and partially quarter versus forma
margin Our of points. charge percent our of JV EPS transaction a non-cash. from also this of a and cost $X.XX charge and quarter, expenses. from adjusted basis the GAAP XX procedures a CHXM previously in the in momentum our a of of GAAP with impact deferred the X.X% full the and joint There tax related charge acquisition-related Guimar restructuring our part CHXM's historical liability comes was most asset year-end was our balance negative which in again operating for as another Brazil, sheet the review figure was positions. other This as sale was $X.XX, another is business. sequentially, venture ECR resulting revenue building And finally, of included result synergies. was $X.XX driven profit opening up reform quarter on CHXM up XXX by tax points for basis per was Operating materially associated profit share $X.XX the
was year-over-year. up XX% fourth $X.XX, items, these Excluding adjusted EPS quarter
on first the our in done but to in be the solid support work This cash improved we the this uptick from certainly saw quarter, sequentially have year. as we half flows helps QX Our we collections DSOs of the focus for cash tightened more still regard.
our for Turning the to fourth forma during period. our pro X.XX book-to-bill quarter, the times quarter ratio bookings was
Slide now for our review year on results XX. me performance Let full
growth businesses adjusted our points demonstrate and X.X% pro was year-ago as focused and GAAP execution and forma adjusted year our and grew legacy the margin Operating was a was was figure. profitable versus combined, X%, outlook double-digits both clearly XX pro initial results strategy. same X% a current excluding as guidance. for operating our up is ago quarter, margin Our referenced GAAP EPS when well on basis the growth items forma and XX%. end the basis. when $X.XX as was profit of our the against versus high EPS Jacobs increased which Revenue above for CHXM profit op $X.XX, both XX%
Our against plan outperform led acquisition. us against the execution continued has for CHXM our successful integration accretion original certainly objectives to the
meet not to Regarding the internal performance improve continue we did DSOs our established that year, opportunities see targets for for our ourselves, forward. our certainly and we but to we going focus
the times. ratio was year, book-to-bill our X.XX Finally, for
to that turn income the I the in to we continue we in file the processes audit with area coming plan note our our of days. XX-K taxes. a Please specific next Before focus Form year-end slide, to finalize
not of our point, that in area would final GAAP this results in Form XX-K. the time. tax possible may this we given As reported U.S. do a some reform changes point at expect to Notwithstanding year this is be you reflected adjusted be any our acquisition in potential know, U.S. adjustments, adjustments this results complex audit CHXM. final our At and
So, XX and with I'll to regarding begin ATEN. our LOB Slide turn performance,
Operating as the continue Fourth the chain year performance, improve line X.X in move the the year-over-year to X% BIAF previously the was full we value ATEN as profit XX%, profit operating X% strong we strong to up value matter we performance In operating grew growth engagements. had quarter basis. quarter Steve higher the addition year %and line top XX% in QX. to to excluding on remains with expectation already X% delivered margin This for figure our profit in that longer when and margins to legal of expect revenue and discussed X.X% for respectively. for and quarter a ATEN highlighted, term,
was for may backlog pro X%, a LOB's revenue you indicative up pro of From The is XX growth On revenue XX%, a up full basis, annual As timing our a fourth Operating quarter profit fourth quarters of more operating points basis corrected forma the due pro that X% from was has has the respectively. recall, forma higher prior X% quarter, basis. burn. margin the profit year growth momentum. growth differential. overall standpoint, to our backlog now on revenue been than quarter and which and forma growth was
a operating XX year, the pro up points basis For X.X%, basis. forma on profit was margin
margin execution, gross We of backlog, executing see margin room in further opportunities for in our a higher BIAF continue to pipeline. expansion and our from higher strong targeting in against combination margin project
In our and the expecting gross fact, on early in progression an acceleration in end fiscal of and are backlog XXXX. the the year half our by in continuing wins of the first based XXXX margin fiscal pipeline, we
ECR operating XXXX. related our basis. fixed price pro quarter in XX%, corporate a the quarter, in million a and In QX Lastly, respectively, fourth XX% we expense operating profit and $X projects accrued charge included profit fourth grew the that to forma full-year on
expect ECR the operations financial in XXXX. businesses and stated, strong discontinued business pleased with held sale financial In statements. reported our we as to we As are since ECR performance in fiscal our assets our embarked be of XXXX, we very strategy Steve on our for
million $X benefited project quarter the operating $XX reserve $X now million profit. for of were the is costs overhead of which in corporate non-allocated million a ECR's Our earlier, from reversal reflected and noted
coming our good continued lower accruals incentive calendar reductions to medical at These unallocated and year, be that's given especially against we we level expense our In level. medical when costs by more costs their costs. to would the highest our $XXX tend an return of lower-than-expected range end and expect and For at fringe-related due were to strong somewhat XXXX, fringe-related full to expected performance. of million year synergies performance are normalized plan offset that our so corporate in was and the to fiscal given end higher QX,
to given the note, Please our adjust Now associated with in commentary numbers. pending of component synergy of XXXX, integration. these half first synergy we one-time any following the of expected ECR now XX synergies figures the exclude the now please note the costs -- to turning impacts. calendar that CHXM on ECR will All and divestiture Slide exclude
So, of in we for synergies year. above estimate amount of $XX achieved year our which included for million the This million the $XX synergies total is previous ECR. Clearly, we outperformed.
we increased still our million anticipate of forward ECR. a Going achieving without previously even synergy $XXX target
on our our are again estimate million as like-for-like run So, once in the we XXXX. approach we and a of $XXX to basis approach we raising our synergy synergies fiscal rate end expect
We in the costs also $XXX These more synergies. costs. the these of being P&L we than a a million cash have of our achieve to bit one-time QX, of these figures $XXX million P&L related. A to XX% be expected incurred the savings million, key with couple exclude to cost one-time $XXX points. related cost estimate Through achieve other ECR-related
Finally, as communicated relates we in CHXM in changed change figure versus million and have This figure through costs, $XX not control our to previously incurred transaction our it QX. has materially QX.
sheet balance the on onto Slide XX. Now
CHXM an Darwin, a our of balance project I part Australia. Before reviewing assumed on relating in contingent the provide as we to liability to update the sheet, want acquisition Inpex,
for the which arbitration. QX In know, of in our we updated item sheet of XXXX, you have early stages reserves balance remains announcing opening As we discussed have acquisition Inpex, since CHXM. the this
we We party this of fiscal continue we affirmative to and against Regardless, matter evaluated felt over as year. this counter defend ourselves. our further prudent pursue adjustment was course the claims the this
when a of we our variety with including the Importantly, consistent as transaction, potential the materially model this reserve, of CHXM financial amount remains evaluated transaction. of outcomes the we returns the overall and modeled expected
result, $XXX becomes our associated a expect rate is a our billion. of at We $X.X occur the previous our it of fact this until the debt in cash internal not resolution return earliest. with expectations do this of with original actual not to gross ended materially of with fiscal to matter and XXXX expected we reserve, In an that approximately approximately line transaction. a cost, quarter if year As impact disclosures, cash the million
payment end of our our of the of of debt supported the operations credit underlying end terms gross from the was down to $XXX strong within flow per calculated QX $XXX reduce high gross integration our efforts. than was cash Including we leverage our cash of to Included as made underlying level, as range voluntary more our adjusted gross flow times. quarter from Consequently, through for $XX to of represented a flow that an debt level million from and our insurance improving and was and quarter cash cash and progress by cash million pension trend the the in fees. Our agreements discretionary a EBITDA target times X during our debt our pension at QX taxes proactively we million contribution, from improved $XXX EBITDA flow operations X.X million. X operations the adjusted to
times. debt to adjusted our net X.X Importantly, now EBITDA is
as assumes net announcement, sale of slide, the Turning this ECR, from at considering for the to the side in share of right billion slide time of $X.X which the purposes WorleyParsons expected when proceeds forma $X.X of pro the valuation manner QX position on a our outlined clearly cash billion. shareholders would us deploy net in XX. for value on to Slide approximately that capital focuses be This incremental up sets well
have you has driven created strong shareholders. Jacobs' which know, for record of allocation, track a disciplined returns capital we value As
to our the deployment you our the at strategy closer details Investor the and consider we returning and organic when external capital more will as have get well February stated transaction. ECR we transaction, As Day growth we capital as as opportunities announced for to completion We'll of shareholders.
Steve turning for closing some thoughts. Now, over it to back
