Record Quarterly Revenue
ABM posted record quarterly revenue of $2.3 billion, driven by 4.8% organic growth and strong contributions from Technical Solutions, Manufacturing & Distribution, and Aviation.
Record Annual Revenue
ABM achieved record annual revenue of $8.7 billion, representing a 5% increase over the previous year.
Significant New Sales Bookings
The company generated record new sales bookings of $1.9 billion, a 12% increase over 2024, indicating strong business momentum.
Major Contract Win in Aviation
ABM secured a significant passenger services contract at a leading global gateway airport, marking one of the largest single Aviation awards in the company's history.
WGNSTAR Acquisition
ABM announced the planned acquisition of WGNSTAR, which will expand its technical capability in the semiconductor and high-technology manufacturing sectors.
Operational Improvements
The company saw margins improve year-over-year in Business & Industry and Education, demonstrating operational efficiency improvements.
Strong Free Cash Flow
ABM reported a significant improvement in free cash flow to $112.7 million due to ERP conversion progress and tight working capital management.