Report
David Silver
EUR 147.86 For Business Accounts Only

Jacobs Engineering: With Major Restructuring Largely Complete, Management Poised to Pivot to Growth

Chairman and CEO Steven Demetriou has driven accelerated change at no-moat Jacobs Engineering since his arrival in August 2015. Significant reshaping and realignment have reduced its cost base, streamlined its operating structure, and refocused senior management priorities. The recent decision to relocate corporate headquarters to Dallas, Texas, from its longtime base in southern California highlights the cultural change under way to position the company for profitable organic growth and rising ...
Underlying
Jacobs Engineering Group Inc.

Jacobs Engineering Group provides services including consulting, technical, scientific and project delivery for the government and private sector. The company's lines of business are: Critical Mission Solutions, which provides cybersecurity, data analytics, software application development, enterprise and mission information technology, systems integration and other technical consulting solutions to government agencies as well as aerospace, automotive and telecom customers; and People and Places Solutions, which provides end-to-end solutions for its clients' projects, whether connected mobility, water, smart cities, manufacturing or the environment.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Silver

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