In addition, you may recall that in the first quarter 2011, our Libya project was still active and a positive contributor. Further, we benefited from the R&D tax credit extension in the US during that quarter. The balance of the difference was driven by non-operating items and 7% underlying growth in the business. Our first quarter gross revenue increased 5% over last year to $2 billion and net service revenue increased just over 1% year-over-year.On an organic basis, gross revenue increased 4% driven by increased construction management activity while organic net service revenue was up 0.4% year-over-year.
AECOM Technology's CEO Discusses F1Q2012 Results - Earnings Call Transcript
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