Welcome to our dedicated page for ABM Industries news (Ticker: ABM), a resource for investors and traders seeking the latest updates and insights on ABM Industries stock.
ABM Industries, Inc. (NYSE: ABM) generates a steady stream of news as one of the world’s largest providers of integrated facility, engineering, and infrastructure solutions. Company announcements highlight its role in making spaces cleaner, safer, and more efficient for clients across commercial real estate, aviation, education, mission critical environments, and manufacturing and distribution.
On this page, readers can follow ABM’s updates on financial performance, strategic initiatives, and sector-specific projects. Recent releases include quarterly and full-year earnings reports that discuss segment trends in Business and Industry, Aviation, Education, Manufacturing and Distribution, and Technical Solutions, as well as commentary on organic growth, cash flow, and capital allocation through share repurchases and dividends.
ABM’s news also covers infrastructure and technical projects, such as its work with the Alexandria, Virginia, Transit Company (DASH) to install an in-route pantograph charger, power cabinets, and supporting electrical infrastructure for electric bus charging. Announcements related to the definitive agreement to acquire WGNSTAR provide insight into ABM’s expansion into semiconductor and high-technology manufacturing services through managed workforce and equipment support solutions.
Governance and leadership developments feature prominently, with updates on board appointments, committee assignments, and executive promotions in areas like information technology and corporate strategy. Recognition items, such as ABM’s inclusion on Selling Power’s list of 60 Best Companies to Sell For, offer additional context on the company’s culture and sales organization.
Investors and observers can use this news feed to monitor ABM’s earnings releases, acquisition activity, infrastructure projects, and leadership changes in one place, returning regularly to see how the company’s integrated facility, engineering, and infrastructure solutions evolve across its key end markets.
ABM (NYSE:ABM), a leading facility, engineering, and infrastructure solutions provider, has been named to Selling Power Magazine's 60 Best Companies to Sell For 2025 list for the fourth consecutive year. The recognition follows an evaluation of over 200 companies across multiple categories including company overview, compensation, hiring practices, and AI incorporation in sales processes.
The company reported record-breaking bookings of $1.1 billion in the first half of their fiscal year, demonstrating strong sales performance and effective team support.
ABM (NYSE: ABM), a leading facility solutions provider, has scheduled its fiscal second quarter 2025 financial results announcement for June 6, 2025, before market open. The company will host a conference call at 8:30 AM ET on the same day.
Investors can access the live conference call through an audio webcast on ABM's website or by dialing (877) 451-6152 (domestic) or (201) 389-0879 (international). A supplemental presentation will be available on the company's website. The webcast replay will be archived for 90 days, and a phone replay will be available until June 20, 2025, using ID #13753708.
ABM reported Q1 fiscal 2025 financial results with revenue increasing 2.2% to $2.1 billion, including 1.6% organic growth. Net income was $43.6 million ($0.69 per share), compared to $44.7 million ($0.70 per share) last year.
Key highlights include:
- Technical Solutions and Aviation segments led growth with 22% and 8% revenue increases respectively
- Adjusted EBITDA rose to $120.6 million from $116.7 million
- Company raised lower end of fiscal 2025 adjusted EPS guidance, now projecting $3.65-$3.80
- Successfully launched cloud-based ERP system for B&I and M&D segments
The company's total debt stood at $1,590.2 million with available liquidity of $296.9 million. During Q1, ABM repurchased 0.4 million shares for $21.3 million and declared a quarterly dividend of $0.265 per share.
ABM (NYSE: ABM) has successfully expanded and extended its senior secured credit agreement, increasing the total facility to $2.2 billion from the previous $1.95 billion. The new agreement includes a $1.6 billion revolving credit facility and a $600 million amortizing term loan, extending the maturity date to February 26, 2030.
The amended facility replaces ABM's prior credit agreement that was due to mature on June 28, 2026, which consisted of a $1.3 billion revolving credit facility and a $650 million term loan with an outstanding balance of $528 million. The terms and conditions remain largely unchanged from the previous agreement.