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4-Traders Homepage  >  Equities  >  Nyse  >  ABM Industries, Inc.    ABM

Delayed Quote. Delayed  - 07/29 10:00:11 pm
37.21 USD   -0.08%
07/28 ABM UK Expands Services with Realm LTD
07/27 ABM : Expands Portfolio with Commonwealth Partners
07/26 ABM : awarded multiple service contracts at notable New York City bu..
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ABM IND : The Linc Group Installs First Electric Vehicle Charging Stations for Laguna Beach Climate Protection Initiative

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06/22/2011 | 03:20pm CEST

The Linc Group, an ABM Industries (NYSE:ABM) company, has installed the first electric vehicle (EV) charging stations in downtown Laguna Beach, California, an important element in the City's wider effort to implement an array of climate protection measures. The EV charging stations are part of the ChargePoint America Program administered by the Department Of Energy, which provided a grant for the EV station equipment.

The EV charging stations were officially unveiled at a June 21 press event conducted by the Laguna Beach City Council. Representatives from The Linc Group attended the event.

The new charging stations will provide free charging services of up to four hours per electric vehicle per day. The stations managed by the ChargePoint® Network are accessible to all EV drivers by making a call to the 24/7 number posted on each station, signing up for a ChargePass? smart card or paying by credit card.

The new stations are open to all drivers of plug-in electric vehicles. In addition to providing free charging for electric vehicles, the stations will also enable drivers to check the real-time status and location of unoccupied charging stations and track and report greenhouse gas and gasoline savings. Drivers can receive charging status notifications by SMS, email or smart phone (iPhone and Blackberry) applications.

The EV charging stations were manufactured by Coulomb Technologies, Inc.

"We are proud to be a part of this sustainability initiative in partnership with the City of Laguna Beach," said Ken Sapp, vice president of Linc EnergyHub. "The Linc Group is strongly committed to providing superior, sustainable services to all of our clients across all of our service areas - including IT, electrical, lighting, controls and HVAC. We also are pleased to have the opportunity to work once again with Coulomb Technologies to help deliver leading sustainability solutions."

About ABM Industries Incorporated

ABM Industries Incorporated (NYSE:ABM), which operates through its subsidiaries (collectively "ABM"), is the leading provider of integrated facility services in the United States. With fiscal 2010 revenues of approximately $3.5 billion and nearly 100,000 employees, ABM provides commercial cleaning and maintenance, facility engineering, energy efficiency, parking and security services for thousands of commercial, industrial, government and retail clients across the United States and various international locations. ABM's business services include ABM Janitorial Services, ABM Facility Services, ABM Engineering Services, Ampco System Parking and ABM Security Services. For more information visit www.abm.com.

ABM Industries Incorporated
Media:
Tony Mitchell, 212-297-9828
tony.mitchell@abm.com
or
Chas Strong, 770-953-5072
chas.strong@abm.com
or
Investors & Analysts:
David Farwell, 212-297-9792
dfarwell@abm.com


© Business Wire 2011
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Financials ($)
Sales 2016 5 168 M
EBIT 2016 137 M
Net income 2016 74,2 M
Debt 2016 1 205 M
Yield 2016 1,77%
P/E ratio 2016 32,96
P/E ratio 2017 21,78
EV / Sales 2016 0,64x
EV / Sales 2017 0,60x
Capitalization 2 083 M
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Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 38,0 $
Spread / Average Target 2,0%
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NameTitle
Scott Salmirs President, Chief Executive Officer & Director
Maryellen C. Herringer Non-Executive Chairman
James P. McClure Chief Operating Officer & Executive Vice President
Diego Anthony Scaglione Chief Financial Officer & Executive Vice President
Linda L. Chavez Independent Director
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