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APi Group (APG) investor relations material

APi Group Citi's Global Industrial Tech & Mobility Conference 2026 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Citi's Global Industrial Tech & Mobility Conference 2026 summary17 Feb, 2026

Leadership and business model

  • CEO highlighted personal growth and improved leadership since becoming a public company CEO, emphasizing the challenge of balancing short-term results with long-term strategy.

  • Company culture and leadership development are seen as key differentiators, with a focus on promoting from within and investing in people.

  • The business model is built around an inspection-first approach, supported by a robust branch network and infrastructure.

  • Market share remains low in major metropolitan areas, indicating significant growth potential.

Financial performance and outlook

  • Fourth quarter showed strong momentum, with year-over-year margin expansion and a solid backlog entering Q1 2025.

  • Organic growth is driven by critical infrastructure, healthcare, and life sciences, with data centers and advanced manufacturing as key end markets.

  • Data centers accounted for 8% of 2025 revenue, expected to rise to 10% in 2026.

  • Seasonality for 2026 is expected to be normal.

Operational improvements and branch optimization

  • North American Safety branches had a median margin of 17%, international branches at 13%, with a goal to improve both by 100 basis points this year.

  • Target is for every branch to achieve at least 20% margin, with ongoing focus on leadership development to drive performance.

  • Leadership quality at the branch level is identified as the primary driver of branch success.

Accelerate international branch margin improvement
Strategy for larger, transformational M&A deals
AI's impact on field operations and system design
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Next APi Group earnings date

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Barclays 43rd Annual Industrial Select Conference18 Feb, 2026
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Barclays 43rd Annual Industrial Select Conference18 Feb, 2026

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Frequently asked questions

APi Group Corporation is a business services provider that delivers life safety, energy, specialty, and industrial services. The company offers inspection, maintenance, and repair services for fire protection systems, HVAC, and infrastructure facilities. It serves commercial, industrial, and government clients across the United States and internationally. APi Group Corporation is headquartered in New Brighton, Minnesota, and its shares are listed on the NYSE.

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