ABM Industries — Dec 18, 2024 release

Additionally, other parts of our business are continuing to experience generally healthy market conditions. Given this positive backdrop, we expect revenue, margin and earnings growth in 2025, including adjusted EPS of $3.60 to $3.80 (1) and with adjusted EBITDA margin in the range of 6.3% to 6.5% (1) ."   (1) When the company provides expectations for adjusted EPS and adjusted EBITDA margin on a forward-looking basis, a reconciliation of the differences between these non-GAAP expectations and the corresponding GAAP measures generally is not available without unreasonable effort. See “Outlook” and “Use of Non-GAAP Financial Information” below for additional information. 1     Fourth Quarter Fiscal 2024 Results   The Company reported revenue of $2.2 billion, up 4.0% over the prior year period, including organic growth of 3.2% and the remainder from acquisitions. Revenue growth was led by Technical Solutions (“ATS”) and Aviation, which grew 35% and 11%, respectively. ATS’ robust growth was largely driven by the significant year-over-year increase in our microgrid service line and a recent acquisition, while Aviation’s growth was reflective of continuing solid market demand and recent wins. Business & Industry’s (“B&I”) and Manufacturing & Distribution's ("M&D") revenue declined less than 1% each, as ongoing softness in the broader commercial real estate market was largely mitigated by B&I's div