EVI Industries Announces Participation at Sidoti September Small-Cap Virtual Conference
EVI Industries, Inc. (NYSE American: EVI) has announced its participation in the Sidoti September Small-Cap Virtual Conference. Chairman and CEO Henry M. Nahmad will host one-on-one meetings with registered investors on September 18 and 19, 2024. EVI has implemented a successful buy-and-build strategy, acquiring 27 commercial laundry distributors and service providers in North America over the past eight years. The company now operates from over 30 distribution locations in 19 states and exports to Latin America and the Caribbean.
EVI's growth strategy has yielded impressive results, with revenue, net income, and Adjusted EBITDA growing at compounded annual growth rates of 34%, 16%, and 31%, respectively, since 2016. The company continues to focus on long-term growth and shareholder value creation in the commercial laundry industry.
EVI Industries, Inc. (NYSE American: EVI) ha annunciato la propria partecipazione alla Conferenza Virtuale Small-Cap di Sidoti di settembre. Il Presidente e CEO Henry M. Nahmad ospiterà incontri individuali con investitori registrati il 18 e 19 settembre 2024. EVI ha attuato una strategia di acquisto e sviluppo di successo, acquisendo 27 distributori e fornitori di servizi di lavanderia commerciale in Nord America negli ultimi otto anni. L'azienda opera ora da oltre 30 sedi di distribuzione in 19 stati ed esporta in America Latina e nei Caraibi.
La strategia di crescita di EVI ha prodotto risultati impressionanti, con entrate, utile netto e EBITDA rettificato che sono cresciuti a tassi di crescita annua composta del 34%, 16% e 31%, rispettivamente, dal 2016. L'azienda continua a concentrarsi sulla crescita a lungo termine e sulla creazione di valore per gli azionisti nel settore della lavanderia commerciale.
EVI Industries, Inc. (NYSE American: EVI) ha anunciado su participación en la Conferencia Virtual Small-Cap de Sidoti en septiembre. El Presidente y CEO Henry M. Nahmad llevará a cabo reuniones individuales con los inversores registrados los días 18 y 19 de septiembre de 2024. EVI ha implementado una exitosa estrategia de compra y construcción, adquiriendo 27 distribuidores y proveedores de servicios de lavandería comercial en América del Norte durante los últimos ocho años. La empresa 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 ingresos, ingresos netos y EBITDA ajustado que han crecido a tasas de crecimiento anual compuestas del 34%, 16% y 31%, respectivamente, desde 2016. La empresa sigue centrada en el crecimiento a largo plazo y en la creación de valor para los accionistas en la industria de lavandería comercial.
EVI Industries, Inc. (NYSE American: EVI)는 9월에 열리는 Sidoti의 소규모 캡 가상 회의에 참여할 것이라고 발표했습니다. 회장 및 CEO Henry M. Nahmad가 등록된 투자자와 2024년 9월 18일과 19일에 일대일 회의를 진행할 예정입니다. EVI는 지난 8년 동안 북미에서 27개의 상업 세탁기 유통업체 및 서비스 제공업체를 인수하며 성공적인 인수 및 빌드 전략을 실행해왔습니다. 이 회사는 현재 19개 주에 걸쳐 30개 이상의 유통 위치에서 운영되며 라틴 아메리카와 카리브해로 수출하고 있습니다.
EVI의 성장 전략은 훌륭한 성과를 거두었으며, 매출, 순이익, 조정 EBITDA가 각각 34%, 16%, 31%의 연평균 성장률로 성장하였습니다. 이 회사는 상업 세탁 산업에서 장기적인 성장과 주주 가치 창출에 집중하고 있습니다.
EVI Industries, Inc. (NYSE American: EVI) a annoncé sa participation à la Conférence Virtuelle Small-Cap de Sidoti en septembre. Le Président et PDG Henry M. Nahmad animera des réunions individuelles avec des investisseurs inscrits les 18 et 19 septembre 2024. EVI a mis en œuvre une stratégie d'acquisition et de développement réussie, acquérant 27 distributeurs et fournisseurs de services de blanchisserie commerciale en Amérique du Nord au cours des huit dernières années. L'entreprise opère désormais depuis plus de 30 sites de distribution dans 19 états et exporte en Amérique Latine et dans les Caraïbes.
La stratégie de croissance d'EVI a donné des résultats impressionnants, avec des revenus, un bénéfice net et un EBITDA ajusté en croissance à des taux de croissance annuels composés de 34%, 16% et 31% respectivement, depuis 2016. L'entreprise continue de se concentrer sur la croissance à long terme et la création de valeur pour les actionnaires dans l'industrie de la blanchisserie commerciale.
EVI Industries, Inc. (NYSE American: EVI) hat seine Teilnahme an der Sidoti Small-Cap Virtual Conference im September angekündigt. Der Vorsitzende und CEO Henry M. Nahmad wird am 18. und 19. September 2024 Einzelgespräche mit registrierten Investoren führen. EVI hat eine erfolgreiche Buy-and-Build-Strategie umgesetzt, indem 27 Vertriebsunternehmen und Dienstleister für gewerbliche Wäsche in Nordamerika in den letzten acht Jahren akquiriert wurden. Das Unternehmen ist nun von über 30 Vertriebsstandorten in 19 Bundesstaaten aktiv und exportiert in die Lateinamerika und die Karibik.
Die Wachstumsstrategie von EVI hat beeindruckende Ergebnisse erzielt, mit Einnahmen, Nettogewinn und bereinigtem EBITDA, die seit 2016 mit einer jährlichen Wachstumsrate von 34%, 16% und 31% gewachsen sind. Das Unternehmen bleibt auf langfristiges Wachstum und die Schaffung von Shareholder Value in der gewerblichen Wäschereiindustrie fokussiert.
- Acquired 27 commercial laundry distributors and service providers in North America
- Operates from over 30 distribution locations in 19 states
- Exports to Latin America and the Caribbean
- Revenue has grown at a compounded annual growth rate of 34% since 2016
- Net income has grown at a compounded annual growth rate of 16% since 2016
- Adjusted EBITDA has grown at a compounded annual growth rate 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240911993426/en/
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.
FAQ
When is EVI Industries participating in the Sidoti September Small-Cap Virtual Conference?
How many acquisitions has EVI Industries (EVI) made in the commercial laundry industry?
What is EVI Industries' (EVI) geographical presence in the United States?
What are the growth rates for EVI Industries' (EVI) key financial metrics since 2016?
