APi Group Aims for $10B in Sales by 2028

Dow Jones

May 21, 2025

By Katherine Hamilton

APi Group said it has four new long-term financial targets, including more than $10 billion in net revenue by 2028.

The safety services provider said Wednesday it is now aiming to earn 60% of net revenues from its inspection, service and monitoring business.

It also wants to add $3 billion or more in cumulative adjusted free cash flow through 2028, as well as at least 16% growth in its margin for adjusted earnings before interest, taxes, depreciation and amortisation.

Chief Executive Russ Becker reaffirmed APi's second quarter and full-year financial guidance.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

May 21, 2025 09:40 ET (13:40 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"APG","symbol_name":"APi Group Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2537365439","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537365439","pubTimestamp":1747834800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"APi Group said it has four new long-term financial targets, including more than $10 billion in net revenue by 2028.The safety services provider said Wednesday it is now aiming to earn 60% of net revenues from its inspection, service and monitoring business.It also wants to add $3 billion or more in cumulative adjusted free cash flow through 2028, as well as at least 16% growth in its margin for adjusted earnings before interest, taxes, depreciation and amortisation.Chief Executive Russ Becker reaffirmed APi's second quarter and full-year financial guidance.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"APG":"APi Group Corp"},"translate_title":"APi Group的目标是到2028年销售额达到100亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APG":0.9},"content_text":"By Katherine Hamilton \n\n\n \n\n\n  APi Group said it has four new long-term financial targets, including more than $10 billion in net revenue by 2028. \n\n\n  The safety services provider said Wednesday it is now aiming to earn 60% of net revenues from its inspection, service and monitoring business. \n\n\n  It also wants to add $3 billion or more in cumulative adjusted free cash flow through 2028, as well as at least 16% growth in its margin for adjusted earnings before interest, taxes, depreciation and amortisation. \n\n\n  Chief Executive Russ Becker reaffirmed APi's second quarter and full-year financial guidance. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 21, 2025 09:40 ET (13:40 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}