ABM Industries Incorporated reported a 4.6% increase in revenue for the fiscal second quarter of 2025, reaching $2.1 billion. Organic growth contributed 3.8% to this increase, while acquisitions accounted for an additional 0.8%. The company noted significant growth in its Technical Solutions $(ATS)$ and Aviation segments, with revenues increasing by 19% and 9%, respectively, driven in part by higher microgrid revenue. The Business & Industry segment saw a 3% growth, supported by recovery in the U.S. prime office space market, while the Manufacturing & Distribution segment rose by 2% due to new client wins and favorable comparisons to the previous year. The Education segment grew by 1%. ABM reported a net income of $42.2 million, or $0.67 per diluted share, compared to $43.8 million, or $0.69 per diluted share, in the prior year. Adjusted net income was $54.1 million, with adjusted earnings per diluted share of $0.86, an increase from $52.3 million, or $0.82 per diluted share, in the previous year. Adjusted EBITDA rose to $125.9 million from $121.0 million in the prior year. The company reaffirmed its full-year adjusted EPS outlook, expecting it to range from $3.65 to $3.80. CEO Scott Salmirs highlighted the return to organic revenue growth in the Business & Industry segment and new business wins driving growth in the Manufacturing & Distribution segment. ABM also secured $1.1 billion in new bookings in the first half of the year, marking an 11% year-over-year increase.
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