Abm Industries Incorporated · NYSE:ABM
Abm Industries — Q2 2011 Earnings Presentation
14 slides from Abm Industries's earnings presentation, Jun 8, 2011
Slide 1: Second Quarter 2011 Investor Conference Call
Second Quarter 2011 Investor Conference Call June 8, 2011
Slide 2: Agenda
Agenda 1 Introduction & Overview | Henrik Slipsager, Chief Executive Officer 2 Second Quarter 2011 Financial Review | Jim Lusk, Chief Financial Officer 3 Second Quarter 2011 Review & Outlook | Henrik Slipsager, Chief Executive Officer 4 Questions and Answers Forward-Looking Statements and Non-GAAP F
Slide 3: Second Quarter 2011 Financial Highlights
Second Quarter 2011 Financial Highlights Revenue from recent acquisitions contributed to 24% year-over-year top-line growth. Second consecutive quarter of organic revenue growth Achieved double digit growth in Revenue, Net Income and Adjusted Income from Continuing Operations 43% increase in Adjuste
Slide 4: Results Synthesis - Key Financial Metrics
Results Synthesis - Key Financial Metrics Net Income Net Income of $14.2 million, up 65.5% or $5.6 million . Net income increased primarily as a result of a $4.7 million increase in divisional operating profit driven by the companies acquired in 2010, and including a $2.3 million benefit from lower
Slide 5: Cash Flow & Select Balance Sheet Information
Cash Flow & Select Balance Sheet Information Insurance comparison Comparison of working capital and net trade receivables (In thousands) (In thousands) (In thousands) Cash Flow from Operating Activities (in millions) Days sales outstanding (DSO) for second quarter were 48 days DSO up 1 day year-over
Slide 6: Q2 2011 Results Synthesis - Revenue
Engineering Services & Energy Solutions Q2 2011 Results Synthesis - Revenue1 Revenue up 4.2% Tag revenue consistent with prior quarters Organic revenue of approximately $7 million Revenue up 24%. Second consecutive quarter of revenue surpassing $1 billion Janitorial Services Parking & Shuttle Servic
Slide 7: Q2 2011 Results Synthesis - Operating Profits
Q2 2011 Results Synthesis - Operating Profits1 Janitorial operating profit increased 21% as the segment benefited from one less work day, which reduced labor expenses by $3.8 million, partially offset by higher fuel expense of $0.8 million and higher state unemployment insurance costs of $0.7 millio
Slide 8: Operating Segment Highlights
Operating Segment Highlights ABM continued to win new business and expand existing businesses in key vertical markets Engineering helps Government client with sustainability and also won an Integrated Facility Services (IFS) contract for a national landmark Continued to gain traction with ABM Green
Slide 9: Fiscal 2011 Outlook Summary - Q2 Update
Fiscal 2011 Outlook Summary - Q2 Update Reaffirming Guidance for Fiscal Year 2011 Net Income of $1.23 to $1.33 per diluted share Adjusted Income from Continuing Operations of $1.43 to $1.53 per diluted share Continue to anticipate gradual improvement in organic revenue but lower contribution from Go
Slide 10: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Reform Act of 1995, which are subject to risks and uncertainties. The forward-looking statements, which address the company's expected business and financial performance, amo
Slide 11: Appendix Unaudited Reconciliation of non-GAAP Financial Measures
Appendix Unaudited Reconciliation of non-GAAP Financial Measures
Slide 12: Unaudited Reconciliation of non-GAAP Financial Measures (in thousands)
Unaudited Reconciliation of non-GAAP Financial Measures (in thousands)
Slide 13: Unaudited Reconciliation of non-GAAP Financial Measures (in thousands, except per share data)
Unaudited Reconciliation of non-GAAP Financial Measures (in thousands, except per share data)
Slide 14: Unaudited Reconciliation of non-GAAP Financial Measures
Unaudited Reconciliation of non-GAAP Financial Measures