Abm Industries Inc (ABM) 10-K Annual Report December 2017

NEW YORK, NY - December 13, 2017 - ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the fourth quarter and full year that ended October 31, 2017.

($ in millions, except per share amounts)	Three Months Ended October 31,						Increase/			Years Ended October 31,						Increase/
(unaudited)	2017			2016			(Decrease)			2017			2016			(Decrease)

Revenues	$	1,497.9		$	1,322.3			13.3	%	$	5,453.6		$	5,144.7			6.0	%

Operating profit	$	4.4		$	10.8			(58.8	)%	$	101.9		$	54.7			86.1	%

(Loss) Income from continuing operations	$	(2.5	)	$	9.0			NM	*	$	78.1		$	62.3			25.3	%
(Loss) Income from continuing operations per diluted share	$	(0.04	)	$	0.16			NM	*	$	1.34		$	1.09			22.9	%

Adjusted income from continuing operations	$	23.5		$	29.2			(19.7	)%	$	101.9		$	99.2			2.8	%
Adjusted Income from continuing operations per diluted share	$	0.37		$	0.51			(27.5	)%	$	1.75		$	1.74			0.6	%

Net (loss) income	$	(3.6	)	$	7.8			NM	*	$	3.8		$	57.2			(93.3	)%
Net (loss) income per diluted share	$	(0.06	)	$	0.14			NM	*	$	0.07		$	1.01			(93.1	)%

Net cash provided by operating activities of continuing operations	$	19.1		$	9.8			94.9	%	$	101.7		$	110.5			(8.0	)%

Adjusted EBITDA	$	70.8		$	61.5			15.1	%	$	236.7		$	212.2			11.5	%
Adjusted EBITDA margin		4.7	%		4.6	%		10 bps			4.3	%		4.1	%		20 bps

* Not meaningful (due to variance greater than or equal to +/-100%)

This release refers to certain non-GAAP financial measures described as “Adjusted EBITDA” defined as earnings before income from discontinued operations, net of taxes, interest, taxes, depreciation and amortization and excluding items impacting comparability, "Adjusted EBITDA margin", “Adjusted income from continuing operations,” and “Adjusted income from continuing operations per diluted share”. These adjustments have been made with the intent of providing financial measures that give management and investors a more representative understanding of underlying operational results and trends as well as the Company’s operational performance. Management also uses Adjusted EBITDA as a basis for planning and forecasting future periods. Please refer to the accompanying financial schedules for supplemental financial data and corresponding reconciliation of these non-GAAP financial measures to certain GAAP financial measures. We round amounts in these schedules to millions and calculate all percentages and per-share data from the underlying whole-dollar amounts. As a result, certain amounts may not foot, crossfoot, or recalculate based on reported numbers due to rounding. Unless otherwise noted, all references to years are to our fiscal year, which ends on October 31.

The following information was filed by Abm Industries Inc (ABM) on Wednesday, December 13, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

Please wait while we load the requested 10-K report or click the link below:

https://last10k.com/sec-filings/report/771497/000162828017012508/abm10312017-10k.htm

View differences made from one year to another to evaluate Abm Industries Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ) — *Sample 10-K Year-over-Year (YoY) Comparison*

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were ~~removed~~ , added and changed by Abm Industries Inc.

Continue

Assess how Abm Industries Inc's management team is paid from their Annual Proxy

Abm Industries Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2017 10-K Annual Report includes:

Voting Procedures
Board Members
Executive Team
Salaries, Bonuses, Perks
Peers / Competitors

Continue

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Material Contracts, Statements, Certifications & more

Abm Industries Inc provided additional information to their SEC Filing as exhibits

Exhibit 10.3: Material Contract

Exhibit 10.28: Material Contract

Exhibit 10.29: Material Contract

Exhibit 10.32: Material Contract

Exhibit 10.33: Material Contract

Exhibit 10.34: Material Contract

Exhibit 21.1: Subsidaries Of The Registrant

Exhibit 23.1: Consents Of Experts And Counsel

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Ticker: ABM
CIK: 771497
Form Type: 10-K Annual Report
Accession Number: 0001628280-17-012508
Submitted to the SEC: Fri Dec 22 2017 11:24:17 AM EST
Accepted by the SEC: Fri Dec 22 2017
Period: Tuesday, October 31, 2017
Industry: To Dwellings And Other Buildings