EVI Industries Announces Participation at Jefferies Industrials Conference
EVI Industries (NYSE American: EVI) has announced its participation in the Jefferies Industrials Conference on September 5, 2024. Chairman and CEO Henry M. Nahmad will present and host one-on-one meetings at the event. EVI, a commercial laundry equipment distributor and service provider, has been executing a successful buy-and-build strategy, acquiring 27 companies in North America over the past eight years. The company now operates from over 30 distribution locations across 19 states and exports to Latin America and the Caribbean.
EVI's growth strategy has yielded impressive results, with compounded annual growth rates since 2016 of 34% in revenue, 16% in net income, and 31% in Adjusted EBITDA. The company's extensive sales and service organization specializes in planning, designing, selling, installing, and maintaining various types of laundry operations, including industrial, on-premise, vended, and route laundries.
EVI Industries (NYSE American: EVI) ha annunciato la sua partecipazione alla Jefferies Industrials Conference il 5 settembre 2024. Il Presidente e CEO Henry M. Nahmad presenterà e ospiterà incontri individuali durante l'evento. EVI, un distributore di attrezzature per lavanderie commerciali e fornitore di servizi, ha attuato con successo una strategia di acquisizione e crescita, acquistando 27 aziende in Nord America negli ultimi otto anni. L'azienda ora opera da oltre 30 sedi di distribuzione in 19 stati e esporta in America Latina e nei Caraibi.
La strategia di crescita di EVI ha prodotto risultati impressionanti, con tassi di crescita annua composta dal 2016 del 34% nel fatturato, 16% nel reddito netto e 31% nell'EBITDA rettificato. L'ampia organizzazione di vendita e servizio dell'azienda è specializzata nella pianificazione, progettazione, vendita, installazione e manutenzione di vari tipi di operazioni di lavanderia, comprese lavanderie industriali, in loco, self-service e a percorso.
EVI Industries (NYSE American: EVI) ha anunciado su participación en la Conferencia Industrial de Jefferies el 5 de septiembre de 2024. El presidente y CEO Henry M. Nahmad presentará y llevará a cabo reuniones uno a uno en el evento. EVI, un distribuidor de equipos para lavanderías comerciales y proveedor de servicios, ha estado ejecutando una estrategia de compra y crecimiento exitosa, adquiriendo 27 empresas en América del Norte en los últimos ocho años. La compañía ahora opera desde más de 30 ubicaciones de distribución en 19 estados y exporta a América Latina y el Caribe.
La estrategia de crecimiento de EVI ha dado resultados impresionantes, con tasas de crecimiento anual compuestas desde 2016 del 34% en ingresos, 16% en ingresos netos y 31% en EBITDA ajustado. La extensa organización de ventas y servicios de la compañía se especializa en la planificación, diseño, venta, instalación y mantenimiento de varios tipos de operaciones de lavandería, incluyendo lavanderías industriales, in situ, autoventa y de ruta.
EVI Industries (NYSE American: EVI)는 2024년 9월 5일 Jefferies Industrials Conference에 참여한다고 발표했습니다. 회장 겸 CEO 헨리 M. 나흐마드가 이 행사에서 발표하고 1:1 회의를 주최할 예정입니다. 상업용 세탁기기를 유통하고 서비스를 제공하는 EVI는 지난 8년 동안 북미에서 27개 회사를 인수하며 성공적인 인수 및 성장 전략을 실행해왔습니다. 회사는 현재 19개 주에 걸쳐 30개 이상의 유통 센터에서 운영 중이며, 라틴 아메리카와 카리브해로 수출합니다.
EVI의 성장 전략은 인상적인 결과를 가져왔으며, 2016년 이후 연평균 성장률은 매출 34%, 순이익 16%, 조정된 EBITDA 31%입니다. 회사의 광범위한 판매 및 서비스 조직은 산업 세탁소, 현장 세탁소, 자동 판매 세탁소, 경로 세탁소를 포함한 다양한 세탁 운영의 계획, 설계, 판매, 설치 및 유지 관리에 전문화되어 있습니다.
EVI Industries (NYSE American: EVI) a annoncé sa participation à la Jefferies Industrials Conference qui se tiendra le 5 septembre 2024. Le Président et CEO Henry M. Nahmad présentera et animera des réunions individuelles lors de cet événement. EVI, distributeur d'équipements de blanchisserie commerciale et prestataire de services, a mis en place une stratégie d'achat et de croissance réussie, ayant acquis 27 entreprises en Amérique du Nord au cours des huit dernières années. L'entreprise opère désormais depuis plus de 30 lieux de distribution dans 19 États et exporte vers l'Amérique latine et les Caraïbes.
La stratégie de croissance d'EVI a produit des résultats impressionnants, avec des taux de croissance annuels composés depuis 2016 de 34% des revenus, 16% du bénéfice net et 31% de l'EBITDA ajusté. L'organisation de vente et de service étendue de l'entreprise est spécialisée dans la planification, la conception, la vente, l'installation et l'entretien de divers types d'opérations de blanchisserie, y compris industrielles, sur place, en libre-service et itinérantes.
EVI Industries (NYSE American: EVI) hat seine Teilnahme an der Jefferies Industrials Conference am 5. September 2024 angekündigt. Vorsitzender und CEO Henry M. Nahmad wird präsentieren und Einzelgespräche während der Veranstaltung führen. EVI, ein Distributor von gewerblichem Wäschereigerät und Anbieter von Dienstleistungen, hat in den letzten acht Jahren erfolgreich eine Kauf- und Wachstumsstrategie verfolgt und 27 Unternehmen in Nordamerika übernommen. Das Unternehmen betreibt jetzt über 30 Vertriebsstandorte in 19 Bundesstaaten und exportiert in Lateinamerika und die Karibik.
Die Wachstumsstrategie von EVI hat beeindruckende Ergebnisse geliefert, mit durchschnittlichen jährlichen Wachstumsraten seit 2016 von 34% im Umsatz, 16% im Nettogewinn und 31% im bereinigten EBITDA. Die umfangreiche Verkaufs- und Serviceorganisation des Unternehmens ist auf die Planung, Gestaltung, den Verkauf, die Installation und die Wartung verschiedener Arten von Wäschereibetrieben spezialisiert, einschließlich industrieller, vor Ort, Selbstbedienungs- und Routenwäschereien.
- Acquired 27 commercial laundry distributors and service providers in North America over 8 years
- Operates from over 30 distribution locations in 19 states
- Exports to Latin America and the Caribbean
- Revenue CAGR of 34% since 2016
- Net income CAGR of 16% since 2016
- Adjusted EBITDA CAGR of 31% since 2016
- None.
EVI executes a buy-and-build strategy focused on long-term growth and shareholder value creation. During the last eight years, the Company has acquired 27 commercial laundry distributors and service providers in
About EVI Industries
EVI Industries, Inc., through its wholly owned subsidiaries, is a value-added distributor and a provider of advisory and technical services. Through its vast sales organization, the Company provides its customers with planning, designing, and consulting services related to their commercial laundry operations. The Company sells and/or leases its customers commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. In support of the suite of products it offers, the Company sells related parts and accessories. Additionally, through the Company’s robust network of commercial laundry technicians, the Company provides its customers with installation, maintenance, and repair services. The Company’s customers include retail, commercial, industrial, institutional, and government customers. Purchases made by customers range from parts and accessories to single or multiple units of equipment, to large complex systems as well as the purchase of the Company’s installation, maintenance, and repair services.
Forward-Looking Statements
Except for the historical matters contained herein, statements in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to a number of known and unknown risks and uncertainties that may cause actual results, trends, performance or achievements to differ from the future results, trends, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, among others, the risks related to EVI’s business, results, financial condition, prospects, and growth strategy and plans, including risks associated with EVI’s ability to successfully execute its buy-and-build growth strategy and organic growth initiatives, and other economic, competitive, governmental, technological and other risks and factors, including those discussed in the Company’s filings with the Securities and Exchange Commission, including, without limitation, the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2023, filed with the SEC on October 5, 2023. Many of these risks and factors are beyond EVI’s control. In addition, past performance of EVI and its acquired businesses and perceived trends may not be indicative of future results. EVI cautions that the foregoing factors are not exclusive. The reader should not place undue reliance on any forward-looking statement, which speaks only as of the date made. EVI does not undertake to, and specifically disclaims any obligation to, update or supplement any forward-looking statement, whether as a result of changes in circumstances, new information, subsequent events or otherwise, except as may be required by law. Adjusted EBITDA is a non-GAAP financial measure. For a reconciliation of Adjusted EBITDA to net income, the most comparable GAAP financial measure, see the Company’s earnings press release for the three- and nine-month periods ended March 31, 2024, which was issued on May 9, 2024.
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EVI Industries, Inc.
Henry M. Nahmad
Chairman and CEO
(305) 402-9300
Investor Relations
(305) 402-9300
info@evi-ind.com
Source: EVI Industries, Inc.
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