Welcome to our dedicated page for Api Group news (Ticker: APG), a resource for investors and traders seeking the latest updates and insights on Api Group stock.
APi Group Corporation (APG) provides essential life safety systems and critical infrastructure services across commercial and industrial sectors worldwide. This news hub offers investors and industry professionals centralized access to official corporate announcements and market developments.
Discover timely updates on safety service innovations, infrastructure project milestones, and strategic business decisions. Our curated feed includes earnings reports, regulatory filings, partnership announcements, and operational expansions across APG's network of 40+ specialized companies.
Key coverage areas include fire protection system advancements, HVAC technology updates, utility maintenance programs, and safety compliance initiatives. The repository serves as a vital resource for tracking APG's dual focus on integrated occupancy solutions and large-scale infrastructure maintenance.
Bookmark this page for direct access to verified information about APG's North American and international operations. Regularly updated content ensures stakeholders maintain current awareness of this industry leader's activities in highly regulated technical environments.
APi Group (NYSE: APG) has scheduled its first quarter 2025 earnings release for Thursday, May 1, 2025, before market opening. The company will host a webcast/conference call at 8:30 a.m. Eastern Time on the same day to discuss financial results for the quarter ending March 31, 2025.
Key executives participating in the call include Russell A. Becker (President and CEO), David Jackola (EVP and CFO), and Co-Chairs James E. Lillie and Sir Martin E. Franklin. The call will be accessible via phone (800-715-9871 or 646-307-1963, Conference ID: 4836166) and webcast.
APi is a global business services provider specializing in fire and life safety, security, elevator and escalator, and specialty services, operating across 500+ locations worldwide with a focus on recurring revenue through statutorily mandated and contracted services.
APi Group (NYSE: APG) has appointed David Jackola as Executive Vice President & Chief Financial Officer, effective immediately. Jackola, who has been with APi since October 2021, was serving as Interim CFO since December 2024 before this permanent appointment.
Jackola brings over 20 years of global finance experience, having previously served as CFO and VP of Transformation at APi International, and VP, Controller and Chief Accounting Officer at APi. His prior experience includes senior finance roles at James Hardie Building Products and Ecolab.
The appointment comes as APi prepares for its Investor Day on May 21 in New York, where Jackola will join CEO Russ Becker to discuss the company's positive momentum and present updated long-term strategic objectives.
APi Group (NYSE: APG) has announced its participation in the upcoming 2025 J.P. Morgan Industrials Conference. The company's senior leadership will conduct a fireside chat on Wednesday, March 12th at 10:30 a.m. ET.
APi Group is a global business services provider specializing in fire and life safety, security, elevator and escalator, and specialty services. The company operates in over 500 locations worldwide and maintains a substantial recurring revenue base through statutorily mandated and contracted services to long-standing customers across various industries.
APi Group (NYSE: APG) reported strong Q4 2024 financial results with record net revenues of $1.9 billion, up 5.8% year-over-year. The company achieved record Q4 net income of $67 million, a 168% increase, and record adjusted EBITDA of $242 million, up 16.3%.
The Safety Services segment showed 13% revenue growth, while Specialty Services saw an 11.8% decline. The company maintained a strong balance sheet with a net leverage ratio of 2.2x and achieved 75% adjusted free cash flow conversion.
For 2025 guidance, APi expects net revenues of $7,300-7,500 million and adjusted EBITDA of $970-1,020 million. Q1 2025 guidance projects net revenues of $1,625-1,675 million and adjusted EBITDA of $185-195 million.
APi Group (NYSE: APG) provided updates on its 2024 performance and 2025 guidance. The company expects 2024 net revenues to exceed their previous guidance of $7,000 million, with adjusted EBITDA aligning with the guided range of $890-900 million, despite U.S. dollar strengthening impacts. Their year-end net leverage ratio is expected to be below the 2.5x target.
For 2025, APi projects net revenues between $7,300-7,500 million and adjusted EBITDA of $970-1,020 million, targeting a 13.4% EBITDA margin. The company also announced a successful Term Loan repricing, reducing the applicable margin by 25 basis points, resulting in approximately $5 million annual cash savings. Additionally, APi repaid $100 million of its Term Loan, leaving $2,157 million outstanding.
APi Group (NYSE: APG) has announced it will release its Q4 and full-year 2024 financial results before market opening on February 26, 2025. The company will host an earnings conference call at 8:30 a.m. ET on the same day, featuring presentations from President and CEO Russell A. Becker, Interim CFO David Jackola, and Co-Chairs James E. Lillie and Sir Martin E. Franklin.
Additionally, APi's senior leadership will participate in two upcoming investor conferences: the Citi 2025 Global Industrial Tech and Mobility Conference on February 19, 2024, and the Barclays 2025 Industrial Select Conference on February 20, 2024. Both presentations will be available via webcast on the company's investor relations website.
APi Group (NYSE: APG) has announced an Investor Day scheduled for May 21, 2025, in New York City, with details to be shared in the coming months. The company has reaffirmed its 2024 guidance previously announced on October 31, 2024. Through Q3, APi achieved record net revenues, adjusted EBITDA margin, and free cash flow generation. The company expects to finish 2024 with a net leverage ratio well below their 2.5x target. Looking ahead to 2025, APi reports a robust M&A pipeline, healthy backlog, and anticipates reaching their 13% plus adjusted EBITDA margin target by year-end 2025. New financial targets and strategic plans will be presented at the upcoming Investor Day.
APi Group (NYSE: APG) has announced its participation in the UBS Global Industrials and Transportation Conference, where senior leadership will engage in a fireside chat on Wednesday, December 4th at 9:40 a.m. ET. The event will be accessible via live webcast and archived replay on the company's investor relations website. APi Group is a global business services provider specializing in fire and life safety, security, elevator and escalator, and specialty services, operating in over 500 locations worldwide with a focus on recurring revenue from long-standing customers.
APi Group (NYSE: APG) announced that CFO Kevin Krumm will step down on December 13, 2024. David Jackola, current CFO and VP of Transformation at APi International, will serve as interim CFO. Jackola previously held the position of VP, Controller and Chief Accounting Officer at APi Group. The company has initiated a search for a permanent successor and reaffirmed its 2024 financial guidance provided on October 31, 2024. Under Jackola's leadership at APi International, he has contributed to the company's strategy focusing on organic revenue growth, margin expansion, and strategic M&A.
Building Industry Partners (BIP) has announced the sale of Endeavor Fire Protection to APi Group (NYSE: APG). During BIP's two-year ownership, Endeavor expanded from three to eight locations across fourteen states, growing its workforce to nearly 300 team members. The company achieved significant growth with revenues increasing more than 2x and profitability rising 3.5x through organic initiatives and strategic acquisitions. The sale marks BIP's first exit under its broad-based employee ownership program, allowing Endeavor employees to share in the transaction's success.
