Slide 1: First Quarter 2012 Investor Call
First Quarter 2012 Investor Call NYSE: ABM March 6, 2012
Slide 2: Agenda
Agenda 2 1 Introduction & Overview | Henrik Slipsager, Chief Executive Officer 2 First Quarter 2012 Financial Review | Jim Lusk, Chief Financial Officer 3 First Quarter 2012 Operational Review | Henrik Slipsager, Chief Executive Officer 4 Fiscal 2012 Outlook | Jim Lusk, Chief Financial Officer Forwa
Slide 3: 2012 First Quarter Financial Highlights
2012 First Quarter Financial Highlights 3 Revenues up 4% year-over-year to $1.07 billion, a record for a first quarter Cash flow from continuing operations of $11.8 million, up $11.5 million year-over-year Net Income per diluted share of $0.20 up $0.04 or 25% Adjusted Income from Continuing Operatio
Slide 4: First Quarter Results Synthesis - Key Financial Metrics
First Quarter Results Synthesis - Key Financial Metrics 4 Net Income Net Income of $10.6 million, up 27% or $2.2 million. First quarter of 2011 included $2.5 million of transaction costs associated with the Linc acquisition. In addition, the first quarter of 2012 benefited from a $1.6 million increa
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 the first quarter were 50 days DSO down 1 day year
Slide 6: Q1 2012 Results Synthesis - Revenues
Facility Solutions Q1 2012 Results Synthesis - Revenues Revenues of $594 million, flat compared to 2011 Warm weather adversely impacted discretionary tag business, which was flat year-over-year Revenues up over 4% to $1.1 billion driven primarily by contribution from Linc acquisition Janitorial Serv
Slide 7: Q1 2012 Results Synthesis - Operating Profits
Q1 2012 Results Synthesis - Operating Profits1 Janitorial's operating profit of $30.5 million, increased $0.6 million or 2.2%. There were a number of items impacting the operating performance in the quarter: sustained improvements in historical credits on client receivables were offset by higher pay
Slide 8: Q1 2012 Sales & Marketing Highlights
Q1 2012 Sales & Marketing Highlights Closed in excess of $100 million in new contracts Signed AEG contract, expanding existing relationship with sports and entertainment powerhouse Renamed Engineering to Facility Solutions, reflecting capability for providing integrated facility services Successfull
Slide 9: Fiscal 2012 Outlook Summary
Fiscal 2012 Outlook Summary Reaffirming guidance for fiscal year 2012 Anticipate Income from Continuing Operations of $1.26 to $1.36 per diluted share; and Adjusted Income from Continuing Operations of $1.40 to $1.50, which reflects higher expenses associated with payroll taxes (SUI & FUTA) and key
Slide 10: Forward-Looking Statement
Forward-Looking Statement This presentation contains forward-looking statements that set forth management's anticipated results based on management's current plans and assumptions. Any number of factors could cause the Company's actual results to differ materially from those anticipated. These facto
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
Unaudited Reconciliation of non-GAAP Financial Measures (in thousands) 12 ABM Industries Incorporated and Subsidiaries
Slide 13: Unaudited Reconciliation of non-GAAP Financial Measures
Unaudited Reconciliation of non-GAAP Financial Measures (in thousands, except per share data) 13 ABM Industries Incorporated and Subsidiaries
Slide 14: Unaudited Reconciliation of non-GAAP Financial Measures
Unaudited Reconciliation of non-GAAP Financial Measures 14 ABM Industries Incorporated and Subsidiaries Reconciliation of Estimated Adjusted Income from Continuing Operations per Diluted Share to Reconciliation of Estimated Adjusted Income from Continuing Operations per Diluted Share to Reconciliati