|
|
18.06.25 - 23:48
|
APi Group Set to Join S&P MidCap 400 (PR Newswire)
|
|
NEW YORK, June 18, 2025 /PRNewswire/ -- APi Group Corp. (NYSE: APG) will replace United States Steel Corp. (NYSE: X) in the S&P MidCap 400 effective prior to the opening of trading on Tuesday, June 24. Nippon Steel Corp. (TSE: 5401) acquired United States Steel in a deal that closed today.......
|
|
|
21.05.25 - 15:00
|
APi Group Announces New Long-Term Financial Targets (Business Wire)
|
|
-Significant progress towards 13/60/80 targets; expected to achieve 13% or more adjusted EBITDA margin in 2025-
-Introduces new 10/16/60+ shareholder value creation framework, highlighted by $10B+ of net revenues and adjusted EBITDA margin of 16%+ by 2028E-
-Expects $3.0B+ of cumulative adjusted free cash flow through 2028-
-Reaffirms Second Quarter and 2025 Financial Guidance-
-Announces Three-for-Two Stock Split-
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) will host its 2025 Investor Day today at the New York Stock Exchange, beginning at 9:00 am ET.
At today's event, APi plans to provide updates to its strategic plan and introduce the following long-term 10/16/60+ financial targets:
$10+ billion in net revenues by 2028, with mid-single-digit organic growth,
16%+ adjusted EBITDA margin by 2028,
60%+ of net revenues from inspection, service and monitoring, and
$3.0+ billion in cumulative adjusted free cash flow through 2028.
Russ Becker, APi's...
|
|
|
|
01.05.25 - 13:36
|
APi Group Reports First Quarter 2025 Financial Results (Business Wire)
|
|
-Record first quarter net revenues of $1.7 billion, representing accelerating year-over-year growth of 7.4% with continued double-digit inspection revenue growth in North American Safety Services-
-First quarter reported net income of $35 million and record first quarter adjusted EBITDA of $193 million with year-over-year adjusted EBITDA margin expansion of 30 basis points-
-Repurchased $75 million of common stock and authorized new $1 billion share repurchase program-
-Plans to announce new long-term financial targets at Investor Day on May 21 in New York City-
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) today reported its financial results for the three months ended March 31, 2025.
Russ Becker, APi's President and Chief Executive Officer stated: “We are off to a strong start in 2025, with a return to traditional levels of organic growth after our thoughtful and selective pruning of certain customer accounts in 2024. We've also continued to...
|
|
17.04.25 - 13:33
|
APi Group Confirms Date of First Quarter 2025 Earnings Release (Business Wire)
|
|
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced today that it intends to release its financial results for the three months ended March 31, 2025, before the market opens on Thursday, May 1, 2025.
First Quarter Earnings Conference Call
APi will hold a webcast/dial-in conference call to discuss its financial results at 8:30 a.m. (Eastern Time) on Thursday, May 1, 2025. Participants on the call will include Russell A. Becker, President and Chief Executive Officer; David Jackola, Executive Vice President and Chief Financial Officer; and James E. Lillie and Sir Martin E. Franklin, Co-Chairs.
To listen to the call by telephone, please dial 800-715-9871 or 646-307-1963 and provide Conference ID 4836166. You may also attend and view the presentation (live or by replay) via webcast by accessing the following URL:
https://events.q4inc.com/attendee/107956282
A replay of the call will be available shortly after completion of the live call/webcast via ...
|
|
31.03.25 - 13:36
|
APi Group Appoints David Jackola Executive Vice President & Chief Financial Officer (Business Wire)
|
|
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) today announced the appointment of David Jackola as Executive Vice President & Chief Financial Officer, effective immediately. Mr. Jackola has been with the Company since October 2021, most recently serving as Interim Chief Financial Officer since December of 2024. He will report directly to Russ Becker, President and Chief Executive Officer of APi.
Russ Becker, APi's President and Chief Executive Officer stated: “David is a great leader and has a proven track record of driving profitable organic growth and executing on our strategic objectives. After a comprehensive process, the Board and I agreed that David is the ideal candidate to serve as APi Group's next Chief Financial Officer. He brings a unique combination of financial acumen and global experience together with a deep understanding of our business and strong, established relationships with our leaders around the world. I have full confiden...
|
|
|
|
26.02.25 - 13:36
|
APi Group Reports Fourth Quarter and Full Year 2024 Financial Results (Business Wire)
|
|
-Record fourth quarter net revenues of $1.9 billion, representing year-over-year growth of 5.8%
with double digit inspection revenue growth in U.S. Life Safety-
-Record fourth quarter net income of $67 million, representing year-over-year growth of 168%-
-Record fourth quarter adjusted EBITDA of $242 million, representing year-over-year growth of 16.3%-
-Record full year operating cash flow with strong adjusted free cash flow conversion of 75%-NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) today reported its financial results for the three months and full year ended December 31, 2024.
Russ Becker, APi's President and Chief Executive Officer stated: “Our record results in 2024 once again demonstrate the strength of our recurring revenue, services-focused business model and the ongoing execution of our strategy by our teammates. We begin 2025 with positive momentum and the demand for the services we offer is strong across our global platform. We r...
|
|
|
05.02.25 - 13:33
|
APi Group Confirms Date of Fourth Quarter 2024 Earnings Release and Announces Participation in Upcoming Investor Conferences (Business Wire)
|
|
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi”) announced today that it intends to release its financial results for the three months and full year ended December 31, 2024, before the market opens on Wednesday, February 26, 2025.
Fourth Quarter Earnings Conference Call
APi will hold a webcast/dial-in conference call to discuss its financial results at 8:30 a.m. (Eastern Time) on Wednesday, February 26, 2025. Participants on the call will include Russell A. Becker, President and Chief Executive Officer; David Jackola, Interim Chief Financial Officer; and James E. Lillie and Sir Martin E. Franklin, Co-Chairs.
To listen to the call by telephone, please dial 800-715-9871 or 646-307-1963 and provide Conference ID 9082916. You may also attend and view the presentation (live or by replay) via webcast by accessing the following URL:
https://events.q4inc.com/attendee/914789437
A replay of the call will be available shortly after completion of the live call/webcast via the webcas...
|
|
|
22.11.24 - 17:03
|
APi Group′s CFO to depart; shares down (Reuters EN)
|
|
BUZZ-APi Group's CFO to depart; shares down ** APi Group Corporation's APG.N shares fall 0.9% to $36.68 ** The fire and life safety service provider's Chief Financial Officer Kevin Krumm will step down on Dec. 13, 2024 ** David Jackola, current CFO of t ransformation at APi International, will be interim CFO upon Krumm's departure ** Krumm will join Flex Ltd FLEX.O as CFO, effective Jan....
|
|
22.11.24 - 16:45
|
Flex names new finance chief; shares rise (Reuters EN)
|
|
BUZZ-Flex names new finance chief; shares rise ** Shares of Flex Ltd FLEX.O up 2% at $41.35 ** Co names Kevin S. Krumm as chief financial officer, effective Jan. 6, 2025 ** Krumm will succeed interim CFO Jaime Martinez ** Krumm has previously served as Executive VP and CFO of APi Group Corporation APG.N ** Shares of manufacturing partner, which hel...
|
|
|
|
|