Investor Relations

Founded in 1964, Willdan Group, Inc. is a leading nationwide provider of value-added professional technical and consulting services.  The primary markets Willdan serves are: energy; infrastructure and transportation; municipal engineering, planning, and staff augmentation; economic and financial analysis; and homeland security and emergency management.  The company serves these four complementary markets through its four service segments — engineering (Willdan Engineering), energy efficiency (Willdan Energy Solutions), public finance (Willdan Financial Services) and homeland security (Willdan Homeland Solutions).  

Willdan has a reputation for delivering high-quality projects on time and within budget.  Rooted in Willdan’s corporate culture is its focus on quality customer service.  The company had approximately 534 employees at the end of 2013, including licensed engineers, program and construction managers, financial analysts, planners, and other skilled professionals. 

Willdan benefits from well-established relationships with local and state government agencies, investor-owned and municipal utilities, and private sector commercial and industrial firms throughout the United States. The company served more than 800 distinct clients in 2013.  Headquartered in Anaheim, the company operates from offices in Arizona, California, Florida, Illinois, New Jersey, New York, Ohio, Texas, Washington and Washington, DC.

Established 50-year history of relationships with public agencies and utilities

  • Long-time, well-established relationships and reputation drive new business opportunities
  • Significant expertise in doing business with government agencies
  • Significant expertise in energy efficiency 
  • Qualified, experienced staff

Strong competitive position/Compelling customer value proposition 

  • Outsourced model is compelling  to customers who require specialized expertise for projects without hiring full-time staff;  enables clients to maintain variable cost structure 
  • 50-year history of serving cities, counties, specialized districts and other government agencies; established brand, relationships, referral sources 
  • Significant technical expertise and first-mover advantage in energy efficiency/sustainability projects 
  • Ability to provide a broad range of services with multiple, integrated capabilities
  • Highly specialized expertise in complexities of working with public agency clients
  • Solid reputation for high-quality service provided on time and on budget
  • Offices strategically located in key markets for engineering services and energy efficiency
  • Provides experience and capabilities of larger firms, combined with flexibility and responsiveness of smaller firms

Diversified platform reduces risk

  • Clients across diversified end markets – cities, county, state and local government agencies, water districts, school districts, universities, and utilities
  • Served more than 800 clients in 2013 in its four  service segments
  • Multi-year efforts resulted in greater geographic diversification
  • Broadened client base to include private sector clients

Exposure to attractive end markets poised for growth 

         Energy Efficiency Services 

  • Demonstrated track record of growth
  • Well-positioned for new wins with first-mover advantage
  • Demonstrated track record of successfully implementing projects that deliver expense saving, lower energy requirements and reduce carbon footprint
  • Expanded offering to included services previously outsourced to electrical subcontractors

         Engineering Services

  • Sector poised for long-term growth to meet legislated energy reduction mandates and private sector self-imposed sustainability goals and initiatives
  • Recovery of residential real estate fuels opportunities for outsourced city services 
  • Focus on expanding work on large-scale, long-term infrastructure projects  

Pursuing clearly defined growth strategy

  • Expanding presence in attractive end markets with substantial growth opportunities
  • Leveraging large, diverse, established client base and relationships to cross-sell services
  • Pursuing larger, longer-term projects and contracts in all businesses 
  • Broadening geographic footprint
  • Evaluating strategic tuck-in acquisitions

Strong financial position; poised for profitable growth

  • Strong balance sheet
  • Federal and state carryovers to offset future profits  

Strong leadership with extensive industry experience

Willdan 2013 Contract Revenue

 

Investor Fact Sheet


This website contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts contained in these pages and in the documents herein, including statements regarding our future results of operations and financial position, business strategy and plans and objectives of management for future operations, are forward-looking statements. The words "believe," "expect," "estimate," "may," "will," "could," "plan," or continue" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause or contribute to such differences in results, performance or achievements include, without limitation, those discussed under the heading "Item 1A. Risk Factors" in our Annual Reports on Form 10-K filed with the Securities and Exchange Commission ("SEC"), as updated by our Quarterly Reports on Form 10-Q filed with the SEC, and include the following: risk of a further downturn in the construction industry, changes in the local and regional economies of California, our ability to obtain capital when desired on favorable terms, reductions in state and local government budgets, dependence on a limited number of clients for a significant portion of our business, enactment of legislation that limits the ability of state, regional or local agencies to contract for our privatized services, litigation from state and other public employee unions that seeks to limit the ability of public agencies to contract with private firms to perform government employee functions in the area of public improvements, changes in elected or appointed officials, fixed price contracts under which we perform some of our services, risks associated with government contracts, changes in the perceived risk of acts of terrorism or natural disasters, the loss of certain key executives, our ability to retain the continued service of our key employees, our ability to compete effectively with our larger competitors, our exposure to liability in excess of our current insurance coverage, our reliance on subcontractors, potential future acquisitions which could be difficult to integrate, significant costs as a public company, the price of our common stock which has fluctuated significantly and the concentration of ownership of our stock which may delay or prevent a change of control of our company.

These forward-looking statements represent our estimates and assumptions only as of the dates of the respective content and documents. Because the risks, estimates, assumptions and uncertainties referred to above could cause actual results or outcomes to differ materially from those expressed in any forward−looking statements, you should not place undue reliance on any forward−looking statements. Except as required by law, we assume no obligation to update any forward-looking statements after those dates, whether as a result of new information, subsequent events, or otherwise in order to reflect any event or circumstance which may arise after those dates.