Avi Sharma's questions to ABM Industries Inc (ABM) leadership • Q4 2024
Question
Avi Sharma, on behalf of Faiza Alwy, asked about the market opportunity and sustainable growth rate for the Aviation business, and also inquired about capital allocation priorities for 2025.
Answer
President and CEO Scott Salmirs expressed strong confidence in Aviation, citing nationwide airport infrastructure investments and differentiated offerings like ABM Clean, predicting high single-digit growth for 2025. EVP and CFO Earl Ellis reiterated that the capital allocation strategy is unchanged, prioritizing the dividend, M&A, and opportunistic buybacks, supported by a healthy leverage ratio.