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Booz Allen Hamilton: FY2019 highlights strong growth, but with reason to worry about US government

Revenues for Q4 stood at $1.8bn, representing a 9.1% increase for the same period a year ago, while financial year end revenues reached $6.7bn – a huge 8.7% increase year-on-year. EBITDA for the year increased 15.4% to $675m, while net income was the company’s biggest mover compared to 2018, with a 34.2% increase to reach $395m.

Booz Allen Hamilton is also wary of the company’s reputation being damaged by the US government. Reputation issues could be pointed towards President Trump and his potential to create public outcry for the company, which would in turn could adversely affect share price.

The company launched the Vision 2020 strategy in 2014 and, after the government market contracted in 2011 and 2012, Booz Allen Hamilton put in contingency growth plans in order to sustain healthy growth in the face of difficult market conditions. This ‘Vision’, which some analysts may have viewed as no more than a PR marketing campaign, has actually helped the company and that is reflected in this year’s financials and its now all-time-high share price.

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