If you are an employee shareholder of Parsons Brinckerhoff Inc., you may feel like uncorking a bottle of champagne. The firm�s operating income is up sharply and the share value hit a new peak.
Strong performances by PB�s facilities operation, Asia-Pacific and construction services groups contributed to the strong performance in fiscal 2005. According the firm�s annual report, operating income climbed to $45.9 million, up from $32.1 million in 2004, and net income hit $27.2, up from $18.4 million. Revenue in 2005 was $1.45 billion, up from $1.39 billion.