ABM Industries Incorporated (NYSE:ABM) Q4 2022 Earnings Conference Call December 13, 2022 5:00 PM ET

Company Participants

Paul Goldberg - Senior Vice President, Investor Relations

Scott Salmirs - President and Chief Executive Officer

Earl Ellis - Executive Vice President and Chief Financial Officer

Conference Call Participants

Andy Wittmann - Baird

Faiza Alwy - Deutsche Bank

Sean Eastman - KeyBanc Capital Markets

Marc Riddick - Sidoti

Operator

Greetings and welcome to the ABM Industries Inc. Fourth Quarter 2022 Earnings Call. At this time all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Paul Goldberg, Senior Vice President, Investor Relations. Thank you, Paul. You may begin.

Paul Goldberg

Good afternoon, everyone, and welcome to ABM’s fourth quarter 2022 earnings call. My name is Paul Goldberg, and I'm the Senior Vice President of Investor Relations at ABM. With me today are Scott Salmirs, our President and Chief Executive Officer; and Earl Ellis, our Executive Vice President and Chief Financial Officer.

Please note that earlier this afternoon, we issued our press release announcing our fourth quarter 2022 financial results. A copy of the release and an accompanying slide presentation can be found on our website, abm.com. After Scott and Earl's prepared remarks, we will host a Q&A session. But before we begin today, I would like to remind you that our call and presentation today contain predictions, estimates, and other forward-looking statements.

Our use of the word estimate, expect, and similar expressions are intended to identify these statements, and they represent our current judgment of what the future holds. While we believe them to be reasonable, these statements are inherently subject to risks and uncertainties that could cause our actual results to differ materially. These factors are described in a slide that accompanies our presentation, as well as our filings with the SEC.

During the course of this call, certain non-GAAP financial information will be presented. A reconciliation of historical non-GAAP numbers to GAAP financial measures is available at the end of the presentation and on the company's website under the Investor tab.

And with that, I would like to now turn the call over to Scott.

Scott Salmirs

Thanks, Paul. Good afternoon, and thank you all for joining us today to discuss our fourth quarter results and 2023 guidance. ABM posted solid results in the fourth quarter, capping off a strong year. Organic revenue growth of 5.8% was broad-based, driven by robust growth in our e-mobility, aviation, manufacturing and distribution, and education businesses, complemented by consistent organic growth in B&I.