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Market commentary Jun 2012 Verified

ABM's Government Business Faces Headwinds from Contract Terminations and Delays

ABM's government business is adversely impacting results due to early termination of U.S. Government contracts, cancelled contracts on government projects, and delays in starting recently awarded contracts. The outlook for this segment remains challenging.

“Government business adversely impacting results and outlook remains challenging DLITE Afghanistan task order bids are being re-evaluated”

Entities

Other Sentiment: Negative

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