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Clean Up with ABM Industries

 Jun 04, 2008 06:58 AM UTC
Return Risk
-5.46% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
ABM Positive 06/04/08 -10.52% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

ABM Industries (ABM) , formerly named American Building Maintenance, is the largest publicly traded company in its field. They do contract janitorial, landscaping, parking, security, air conditioning, engineering and elevator services for customers throughout the United States and parts of Canada. FY 2007 sales [ended Oct. 2007] were an all-time record $2.8378 MM. First quarter revenues, bolstered by a November acquisition, surged from $703.5 MM to $922.6 MM year-over-year. Apples-to-apples revenues were up 4.2%.

Sales per share have grown each year since 1994. Estimated FY 2008 revenues are about $3.8 billion reflecting their recent purchase of OneSource.


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