Watsco to Present at the 12th Annual Morgan Stanley Laguna Conference on September 11, 2024 at 3:10 p.m. PDT
Watsco Inc. (NYSE: WSO), the largest distributor of HVAC/R products, announced its participation in the 12th Annual Morgan Stanley Laguna Conference. Rick Gomez, Vice President of Corporate Development, will present on September 11, 2024, at 3:10 p.m. PDT. A live webcast will be available on Watsco's website.
Watsco operates in the HVAC/R replacement market, which has grown due to aging systems and the need for energy-efficient models. With approximately 102 million HVAC systems over 10 years old in the U.S., Watsco plays a important role in reducing CO2e emissions. From January 2020 to June 2024, the company averted an estimated 20.9 million metric tons of CO2e emissions through the sale of higher-efficiency HVAC systems, equivalent to removing 5 million gas-powered vehicles annually.
Watsco Inc. (NYSE: WSO), il più grande distributore di prodotti HVAC/R, ha annunciato la sua partecipazione al 12° Annual Morgan Stanley Laguna Conference. Rick Gomez, Vice Presidente dello Sviluppo Aziendale, presenterà il 11 settembre 2024, alle 15:10 PDT. Sarà disponibile una diretta streaming sul sito web di Watsco.
Watsco opera nel mercato della sostituzione HVAC/R, che è cresciuto a causa dei sistemi obsoleti e della necessità di modelli energeticamente efficienti. Con circa 102 milioni di sistemi HVAC di oltre 10 anni negli Stati Uniti, Watsco svolge un ruolo importante nella riduzione delle emissioni di CO2e. Da gennaio 2020 a giugno 2024, l'azienda ha evitato un stima di 20,9 milioni di tonnellate metriche di emissioni di CO2e attraverso la vendita di sistemi HVAC a maggiore efficienza, equivalente all'eliminazione di 5 milioni di veicoli a benzina all'anno.
Watsco Inc. (NYSE: WSO), el mayor distribuidor de productos HVAC/R, anunció su participación en la 12ª Conferencia Anual de Morgan Stanley Laguna. Rick Gomez, Vicepresidente de Desarrollo Corporativo, presentará el 11 de septiembre de 2024, a las 15:10 PDT. Se podrá ver una transmisión en vivo en el sitio web de Watsco.
Watsco opera en el mercado de reemplazo de HVAC/R, que ha crecido debido a sistemas envejecidos y la necesidad de modelos energéticamente eficientes. Con aproximadamente 102 millones de sistemas HVAC de más de 10 años en los EE. UU., Watsco juega un papel importante en la reducción de las emisiones de CO2e. Desde enero de 2020 hasta junio de 2024, la empresa evitó una estimación de 20,9 millones de toneladas métricas de emisiones de CO2e a través de la venta de sistemas HVAC de mayor eficiencia, equivalente a quitar 5 millones de vehículos a gasolina anualmente.
Watsco Inc. (NYSE: WSO), HVAC/R 제품의 최대 유통 업체, 제12회 모건 스탠리 라구나 컨퍼런스에 참가한다고 발표했습니다. 기업 개발 부사장인 Rick Gomez가 2024년 9월 11일, 오후 3시 10분 PDT에 발표합니다. Watsco의 웹사이트에서 생중계를 볼 수 있습니다.
Watsco는 HVAC/R 교체 시장에서 운영되고 있으며, 이는 노후 시스템과 에너지 효율적인 모델의 필요성으로 인해 성장했습니다. 미국에는 약 1억 2000만 개의 HVAC 시스템이 10년 이상 경과했으며, Watsco는 CO2e 배출 감소에서 중요한 역할을 합니다. 2020년 1월부터 2024년 6월까지 회사는 2089만 톤의 CO2e 배출을 방지한 것으로 추정됩니다, 이는 매년 500만 대의 가솔린 차량을 제거하는 것과 동일합니다.
Watsco Inc. (NYSE: WSO), le plus grand distributeur de produits HVAC/R, a annoncé sa participation à la 12ème Conférence Annuelle Morgan Stanley Laguna. Rick Gomez, Vice-Président du Développement Corporel, fera une présentation le 11 septembre 2024, à 15h10 PDT. Une diffusion en direct sera disponible sur le site web de Watsco.
Watsco opère sur le marché de remplacement HVAC/R, qui a connu une croissance en raison des systèmes vieillissants et du besoin de modèles écoénergétiques. Avec environ 102 millions de systèmes HVAC âgés de plus de 10 ans aux États-Unis, Watsco joue un rôle important dans la réduction des émissions de CO2e. De janvier 2020 à juin 2024, l'entreprise a évité une estimation de 20,9 millions de tonnes métriques d'émissions de CO2e grâce à la vente de systèmes HVAC à plus haute efficacité, équivalent à retirer 5 millions de véhicules à essence par an.
Watsco Inc. (NYSE: WSO), der größte Distributor von HVAC/R-Produkten, kündigte seine Teilnahme an der 12. jährlichen Morgan Stanley Laguna Konferenz an. Rick Gomez, Vice President für Unternehmensentwicklung, wird am 11. September 2024, um 15:10 PDT präsentieren. Eine Live-Übertragung wird auf der Website von Watsco verfügbar sein.
Watsco ist im HVAC/R-Reparaturmarkt tätig, der aufgrund alternde Systeme und der Notwendigkeit energieeffizienter Modelle gewachsen ist. Mit etwa 102 Millionen HVAC-Systemen, die über 10 Jahre alt sind, spielt Watsco eine wichtige Rolle bei der Reduzierung von CO2e-Emissionen. Von Januar 2020 bis Juni 2024 hat das Unternehmen geschätzt 20,9 Millionen metrische Tonnen CO2e-Emissionen vermieden durch den Verkauf von hocheffizienten HVAC-Systemen, was der Entfernung von 5 Millionen benzinbetriebenen Fahrzeugen pro Jahr entspricht.
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MIAMI, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Rick Gomez, Vice President of Corporate Development, is scheduled to present at the 12th Annual Morgan Stanley Laguna Conference being held at the Ritz Carlton, Laguna Niguel on Wednesday, September 11, 2024 at 3:10 p.m. (PDT). Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco’s website at http://www.watsco.com.
About Watsco
Watsco operates the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the United States, Canada, Mexico, and Puerto Rico, and on an export basis to Latin America and the Caribbean.
We focus on the replacement market, which has increased in size and importance as a result of the aging of installed systems, the introduction of higher energy efficient models and the necessity of HVAC products in homes and businesses. According to data published in March 2023 by the Energy Information Administration, there are approximately 102 million HVAC systems installed in the United States that have been in service for more than 10 years, most of which operate well below current minimum efficiency standards.
Accordingly, Watsco has the opportunity to be a significant and important contributor toward climate change as it plays an important role to lower CO2e emissions. According to the Department of Energy, HVAC systems account for roughly half of U.S. household energy consumption. As such, replacing older systems at higher efficiency levels is a critical means for homeowners to reduce electricity consumption and their carbon footprint.
Based on estimates validated by independent sources, Watsco averted an estimated 20.9 million metric tons of CO2e emissions from January 1, 2020 to June 30, 2024 through the sale of replacement HVAC systems at higher-efficiency standards, an equivalent of removing 5.0 million gas powered vehicles annually off the road. More information, including sources and assumptions used to support the Company’s estimates, can be found at www.watsco.com.
Barry S. Logan
Executive Vice President
(305) 714-4102
e-mail: blogan@watsco.com
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