Lubal Manufacturing & Distributing Company

ABM Reports Third Quarter Fiscal 2023 Results

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Thursday, September 7, 2023

Grew revenue 3.4% to $2.0 billion, including 2.5% organic growth

Key Points:

Grew revenue 3.4% to $2.0 billion, including 2.5% organic growth
Net income of $98.1 million and GAAP EPS of $1.47, compared to $56.8 million and $0.85 in the prior year, respectively
Adjusted EBITDA of $125.3 million, essentially flat with the prior year
NEW YORK, Sept. 07, 2023 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the third quarter of fiscal 2023.
Adjusted net income was $52.8 million, or $0.79 per diluted share, compared to $63.2 million, or $0.94 per diluted share recorded in the third quarter of fiscal 2022.
For fiscal year 2023, the Company now expects GAAP EPS to be in the range of $3.52 to $3.62, compared to $2.52 to $2.72 previously.
ABM will host its quarterly conference call for all interested parties on Thursday, September 7, 2023, at 8:30 AM (ET).

ABM Reports Second Quarter Fiscal 2023 Results

Retrieved on:

Tuesday, June 6, 2023

Grew revenue 4.5% to $2.0 billion, including 2.3% organic growth

Key Points:

Grew revenue 4.5% to $2.0 billion, including 2.3% organic growth
Net income of $51.9 million and GAAP EPS of $0.78, a year-over-year increase of 6.5% and 8.3%, respectively
Adjusted EBITDA of $137.0 million, up 15.2%, year-over-year
NEW YORK, June 06, 2023 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the second quarter of fiscal 2023.
“Our team’s focus on delivering exceptional service, controlling costs, and passing through price increases was key to generating our second quarter results,” said Scott Salmirs, ABM’s President & Chief Executive Officer.
Adjusted net income was $60.2 million, or $0.90 per diluted share, compared to $60.2 million, or $0.89 per diluted share recorded in the second quarter of fiscal 2022.
ABM will host its quarterly conference call for all interested parties on Tuesday, June 6, 2023, at 8:30 AM (ET).

The Wall Printer Selected for Excellence in Manufacturing and Distribution

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Wednesday, May 17, 2023

Entrepreneurship, University, TWP, University of North Carolina, American City Business Journals, Innovation, Lubal Manufacturing & Distributing Company, 3D printing

NEW YORK, May 17, 2023 /PRNewswire/ -- The Wall Printer (TWP), the only full service vertical printer firm based in North America, today announces it has been recognized as a winner in the Manufacturing & Distribution category by the Coastal Entrepreneur Awards .

Key Points:

NEW YORK, May 17, 2023 /PRNewswire/ -- The Wall Printer (TWP), the only full service vertical printer firm based in North America, today announces it has been recognized as a winner in the Manufacturing & Distribution category by the Coastal Entrepreneur Awards .
The awards are organized by University of North Carolina Wilmington's Center for Innovation and Entrepreneurship and the Greater Wilmington Business Journal.
The 2023 program honors a total of 11 companies in categories ranging from technology, manufacturing, not-for-profit, to professional services.
Today, more than 120 new businesses have been established, trained and supported by The Wall Printer.

Mele Printing Adds a Second Canon varioPRINT iX Just Months After Their First iX Install

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Wednesday, April 12, 2023

Each year during Mardi Gras season, Mele Printing invites their customers in for king cake classes—so popular now that they schedule more than 10 classes— watch the fun !

Key Points:

Each year during Mardi Gras season, Mele Printing invites their customers in for king cake classes—so popular now that they schedule more than 10 classes— watch the fun !
Mallery comments, “It’s a great way to build relationships with our customers but also educate them on the print process.
Mele Printing installed two Canon varioPRINT iX inkjet presses with Tecnau inline finishing, perfing, and scoring and increased their revenue by more than 40% this year, much of which they attribute to the addition of Canon inkjet technology.
In addition, Mele Printing assists customers in achieving increased response rates with omni-channel direct mail campaigns utilizing their MailSmart program.

ABM Reports First Quarter Fiscal 2023 Results

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Wednesday, March 8, 2023

Sale, Growth, Minister for Business, Industry and Innovation, Education, Acquisition, NYSE, ABM, Webcast, ATS, EPS, ID, EBITDA, Aviation, Lubal Manufacturing & Distributing Company, Engineering, GAAP, Security (finance), Broadcasting

Grew revenue 3% to $2.0 billion, with 1% organic growth

Key Points:

Grew revenue 3% to $2.0 billion, with 1% organic growth
NEW YORK, March 08, 2023 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the first quarter of fiscal 2023.
Our financial strength enables us to invest in initiatives that advance these objectives, positioning ABM for sustained success over the long-term.”
For the first quarter of fiscal 2023, the Company reported revenue of $2.0 billion, up 3% over the prior year period, comprised of 1% organic growth and 2% from acquisitions.
The Company’s Board of Directors declared a cash dividend of $0.22 per common share payable on May 1, 2023 to shareholders of record on April 6, 2023.
ABM will host its quarterly conference call for all interested parties on Wednesday, March 8, 2023, at 8:30 AM (ET).

Cox, Intel and Future Technologies collaborate to deliver end-to-end private networks for commercial customers

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Monday, February 20, 2023

D, CBRS, Government, Cox, Lubal Manufacturing & Distributing Company, Health, Intel, Cox Communications, Partnership, Education, Future technology, Mesa Public Schools, Mesa, Mobile phone, Management

ATLANTA , Feb. 20, 2023 /PRNewswire/ -- Cox Communications today announced that it is now collaborating with Intel and Future Technologies to design and deploy end-to-end managed private network solutions for public and private sector commercial customers.

Key Points:

ATLANTA , Feb. 20, 2023 /PRNewswire/ -- Cox Communications today announced that it is now collaborating with Intel and Future Technologies to design and deploy end-to-end managed private network solutions for public and private sector commercial customers.
Cox Private Networks launched in 2022, uses both LTE/5G and fixed wireless access and is part of the company's portfolio that works together to holistically serve commercial customers' connectivity, telecom and IT needs.
The customized private network solutions support other business use cases across industries such as healthcare, manufacturing/distribution, government, higher education and campus/venue-based environments.
"This collaboration with Cox and Future Technologies brings together our collective domain expertise, system integration, product portfolio and customer support to help our customers implement private network solutions and meet the growing demands of enterprises."

Arna Marketing Group Continues Investing in State-of-the-art Canon Inkjet Technology to Deliver “The Arna Advantage”

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Wednesday, February 8, 2023

Fortune 500, Insurance, Thought, Survivor, Ix, ROI, GSM, Ma Hunkel, Lubal Manufacturing & Distributing Company, Arna, Book, Letter, 3D printing, Canon, Branchburg Township School District

While four Canon ProStream 1800 web fed inkjet presses and four Canon varioPRINT iX3200 sheetfed inkjet presses are the crown jewels of the shop floor, Arna’s investment in state-of-the-art technology doesn’t stop there.

Key Points:

While four Canon ProStream 1800 web fed inkjet presses and four Canon varioPRINT iX3200 sheetfed inkjet presses are the crown jewels of the shop floor, Arna’s investment in state-of-the-art technology doesn’t stop there.
The wall-to-wall showcase of the latest and greatest print technology solutions are what Steven Hegna, president, Arna Marketing Group refers to as “The Arna Advantage.” “The Arna Advantage is about providing our customers with the best end-to-end solutions along with world class customer service.
The Arna Marketing Group team are members of thINK, an independent community of Canon Solutions America inkjet customers.
thINK is led by a board of Canon inkjet customers and offers tools, training and educational resources designed to accelerate success with inkjet.

DNI Adds the Canon varioPRINT iX3200 Sheetfed Inkjet Press to Complete Full Omni-channel Offering

Retrieved on:

Tuesday, January 24, 2023

Boca Raton, FL, Jan. 24, 2023 (GLOBE NEWSWIRE) -- “The math is easy,” said Robert Cook, President and COO of DNI, when asked about his recent purchase of the Canon varioPRINT iX sheetfed production inkjet press.

Key Points:

Boca Raton, FL, Jan. 24, 2023 (GLOBE NEWSWIRE) -- “The math is easy,” said Robert Cook, President and COO of DNI, when asked about his recent purchase of the Canon varioPRINT iX sheetfed production inkjet press.
DNI assists their customers in the full buying lifecycle, from customer acquisition to electronic presentment for online bill pay and everything in between.
When calculating ROI for the Canon varioPRINT iX, Robert advised, “First and foremost, start with the end in mind.
“DNI has had great success with their DNI Engage omni-channel offering and teaming that with the Canon varioPRINT iX creates a powerful play.

CEOs FEEL UNDER-PREPARED FOR CYBER THREATS, MORE COMPANIES PASSING COST OF INFLATION TO CUSTOMERS, FINDS MARCUM-HOFSTRA SURVEY

Retrieved on:

Tuesday, December 13, 2022

CEOs revealed some of the best practices their companies are employing to minimize threats.

Key Points:

CEOs revealed some of the best practices their companies are employing to minimize threats.
Although slightly fewer CEOs reported their companies are being impacted by inflation (72.1% vs. 73.2%), there are more business leaders passing on increasing costs to their customers 36.8% compared to 33.4% in the September Marcum-Hofstra survey).
Reflecting concerns about price inflation, rising material/operational costs was the third most common influence, cited by 41.9% of CEOs, up from 40.5%.
The Marcum-Hofstra CEO Survey is a periodic gauge of mid-market CEOs' outlook and their priorities for the next 12 months.

Pel Hughes Adds the Canon ProStream Web Fed Inkjet Press to Efficiently Deliver Highly Targeted Direct Mail, Books, and Magazines with Stunning Graphic Quality

Retrieved on:

Tuesday, October 25, 2022

BOCA RATON, Fla., Oct. 25, 2022 /PRNewswire/ -- "Don't screw it up," Brian Hughes, Pel Hughes president, replied with a laugh when asked the wise words of wisdom his father Vic left him regarding their family's print business. Brian is the third generation to lead Pel Hughes, based in New Orleans, Louisiana, and he intends to grow the business, just as his parents did.

Key Points:

Clients rely on Pel Hughes' extensive data expertise to help them achieve ROI (return on investment) with highly targeted cross-media marketing campaigns.
To do this, Pel Hughes relies on a mix of print technology and software as well as data and marketing analysts.
As part of their evolution strategy, Brian and his uncle Tim Levy, Pel Hughes vice president, made the decision to purchase a Canon ProStream 1800.
Jackie Hughes, owner of Pel Hughes, commented, "I am thrilled to see my son [Brian] and brother [Tim] leading the company.