Slide 1: Third Quarter 2011 Investor Conference Call
Third Quarter 2011 Investor Conference Call September 9, 2011
Slide 2: Agenda
Agenda 1 Introduction & Overview | Henrik Slipsager, Chief Executive Officer 2 Third Quarter 2011 Financial Review | Jim Lusk, Chief Financial Officer 3 Third Quarter 2011 Review & Outlook | Henrik Slipsager, Chief Executive Officer 4 Questions and Answers Forward-Looking Statements and Non-GAAP Fin
Slide 3: Third Quarter 2011 Financial Highlights
Third Quarter 2011 Financial Highlights Revenue from companies acquired in 2010 contributed to 24% year-over-year top-line growth. Janitorial tag revenue up 11% year-over-year Achieved double digit growth in Revenue, Net Income and Adjusted Income from Continuing Operations 20% increase in Adjusted
Slide 4: Results Synthesis - Key Financial Metrics
Results Synthesis - Key Financial Metrics Net Income Net Income of $27.9 million, up 33.0% or $6.9 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, a $4.7 million discrete tax benefit, and $1.5 mi
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 third quarter were 50 days DSO up 1 day year-over-
Slide 6: Q3 2011 Results Synthesis - Revenue
Engineering Services & Energy Solutions Q3 2011 Results Synthesis - Revenue1 Revenue up 4.1% Tag revenue up 11% year-over-year Organic revenue of approximately $12 million Revenue up 24%. Third consecutive quarter of revenue surpassing $1 billion Janitorial Services Parking & Shuttle Services Securi
Slide 7: Q3 2011 Results Synthesis - Operating Profits
Q3 2011 Results Synthesis - Operating Profits1 Janitorial operating profit of $40.1 million increased $1.8 million or 4.6% as the segment benefited from higher revenue associated with the Diversco acquisition and new business. Partially offsetting the $1.8 million increase in operating profit was $0
Slide 8: Operating Segment Highlights
Operating Segment Highlights ABM's Linc Government Services one of six companies with opportunity to bid on task orders under a five-year $9.7 billion Department of Defense contract for Language Services Started Integrated Facility Services (IFS) contract for 9/11 Memorial & Museum ABM Energy contin
Slide 9: Fiscal 2011 Outlook Summary - Q3 Update
Fiscal 2011 Outlook Summary - Q3 Update Maintaining original guidance for Income from Continuing Operations of $1.23 to $1.33 per diluted share and expect to be in lower half of range Revised guidance for Adjusted Income from Continuing Operations for fiscal 2011 to reflect weaker US economy, lower
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
Unaudited Reconciliation of non-GAAP Financial Measures (in thousands)
Slide 13: Unaudited Reconciliation of non-GAAP Financial Measures
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 (in thousands, except per share data)