Record New Bookings
ABM generated $1.1 billion in new bookings during the first half of 2025, marking a new record for the company. This represents an 11% increase year-over-year.
Return to Organic Growth
Both the B&I and M&D segments returned to organic growth, with B&I up 3% and M&D up 2% year-over-year.
Strong Performance in Key Segments
Technical Solutions and Aviation segments led revenue growth with 19% and 9% increases, respectively. The Aviation segment secured a $25 million contract at Miami International Airport.
Improved Cash Flow
Free cash flow improved by $138 million over Q1 2025, with expectations to meet full-year normalized free cash flow targets.
Positive Trends in Prime Office Space
Market indicators for prime commercial office space show improvements, with a decline in vacancy rates and increased demand for high-quality buildings.
Continued Investment in Growth
The company is investing in sales talent and capabilities, particularly in high-growth sectors like semiconductors, e-commerce, and data centers.