Backs FY24 adjusted EBITDA view $890M-$900M. APi Group (APG) announced it will host an investor day on Wednesday, May 21, 2025, in New York City. Russ Becker, APi’s President and CEO stated: “As we progress towards year end of 2024, I want to thank all of our leaders for their contributions to APi. With record net revenues, adjusted EBITDA margin and free cash flow generation through the third quarter, we remain focused on delivering on our full year commitments and reaffirm our 2024 net revenue and adjusted EBITDA guidance that was shared on October 31, 2024. I am pleased to report that we also expect to end the year comfortably below our targeted net leverage ratio of 2.5x, providing us with continued opportunity for value enhancing capital deployment. As we turn our focus to 2025, I am excited about the opportunities for the business across our global platform. Our M&A pipeline is robust, our backlog is healthy and I believe that we are well positioned to achieve our 13% plus adjusted EBITDA margin target by year end 2025. We look forward to providing additional updates in the new year and detailing new, meaningfully higher financial targets and our strategic plan at our Investor Day.”
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