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JACOBS SOLUTIONS INC.

(J)
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Delayed Nyse  -  04:03 2022-09-23 pm EDT
113.91 USD   -1.94%
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Jacobs Engineering : Opens New Office in Bangalore

08/09/2022 | 09:16am EDT

Located at the RMZ Infinity in New Indiranagar, the new Bangalore office, called 'CoWorks' spans 163,000 square feet, bringing together a talent force of approximately 800 employees into one central hub. It explores our approach to new ways of working - bringing together our diverse workforce in an open, modern and comfortable co-working space that facilitates a collaborative and connected way of working.

Historically, Jacobs has been operating in India for more than 50 years. Today, #OurJacobs team includes more than 2,000 people across the country and continues to grow ambitiously to support our bold new strategy.

It's home to one of our largest groups of multi-disciplinary professionals, consultants and technical specialists delivering a wide range of cross-sector solutions for water, power, transport, built environment and advanced facilities clients. These teammates support programs and projects delivered across Asia Pacific, the Americas, Europe and the Middle East. In addition to other offices in Mumbai, Pune, Gurgaon, Hyderabad and Kolkata, the latest addition in Bangalore now sets the foundation for future growth in the region.

"The highly-skilled depth and breadth of the labor market makes India an attractive place to invest and grow," says Jacobs People & Places Solutions Vice President India Nitin Kansal. "We have the platform to grow our business as we look to increase our share of work through our 2022-2024 corporate strategy, and leverage India's talents and expertise to augment the scale at which we delivery solutions for our global business."

Recently recognized as one of India's Great Place to Work ®, the new Bangalore office truly celebrates our team culture and offers a comfortable yet exciting experiences full of vibrancy. The fun office design is a nod to the local heritage and culture, incorporating graphic walls and quirky decals to inspire as well as accentuate spaces.

Disclaimer

Jacobs Engineering Group Inc. published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 13:15:06 UTC.


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Financials (USD)
Sales 2022 14 941 M - -
Net income 2022 621 M - -
Net Debt 2022 2 172 M - -
P/E ratio 2022 23,4x
Yield 2022 0,80%
Capitalization 14 536 M 14 536 M -
EV / Sales 2022 1,12x
EV / Sales 2023 1,01x
Nbr of Employees 52 000
Free-Float 99,1%
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Mean consensus BUY
Number of Analysts 17
Last Close Price 113,91 $
Average target price 154,47 $
Spread / Average Target 35,6%
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Managers and Directors
Steven J. Demetriou Chairman & Chief Executive Officer
Kevin Christopher Berryman Co-President & Chief Financial Officer
Robert Venkat Pragada Co-President & Chief Operating Officer
Madhuri A. Andrews Chief Digital & Information Officer, EVP
Joanne E. Caruso Executive VP, Chief Legal & Administrative Officer
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