3/24/2021

speaker
Operator
Conference Operator

Good morning, ladies and gentlemen, and welcome to API Group's fourth quarter 2020 financial results conference call. All participants are now in a listen-only mode until the question and answer session. Please note this call is being recorded. I will be standing by should you need any assistance. I'll now turn the call over to Olivia Walton, Vice President of Investor Relations at API Group. Please go ahead.

speaker
Olivia Walton
Vice President of Investor Relations

Thank you. Good morning, everyone, and thank you for joining our fourth quarter 2020 earnings conference call. Joining me on the call today are Sir Martin Franklin and Jim Lilly, our board co-chairs, Russ Becker, our president and CEO, and Tom Lydon, our chief financial officer. Before we begin, I'd like to remind you that certain statements in the company's earnings press release announcement and on this call are forward-looking statements, which are based on expectations intentions and projections regarding the company's future performance, anticipated events or trends, and other matters that are not historical facts. These statements are not a guarantee of future performance and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In our press release and filings with the SEC, we detail material risks that may cause our future results to differ from our expectations. Our statements are as of today, March 24th, and we have no obligation to update any forward-looking statement we may make. As a reminder, we have posted a presentation detailing our 2020 financial performance on our website. Our comments today will also include non-GAAP financial measures and other key operating metrics. The reconciliation of and other information regarding these items can be found in our press release and in our presentation. It is now my pleasure to turn the call over to Martin.

speaker
Sir Martin Franklin
Board Co-Chair

Thank you, Olivia. Good morning, everyone. 2020 was a year of unique milestones for the company. We became a listed company on the New York Stock Exchange, completed several complimentary acquisitions, and proactively managed the challenges of the pandemic while executing on our long-term goals for the business and delivering results for our shareholders. We believe that the resilience of our people as well as our recurring revenue services focused model have allowed us to continue to execute against our long-term strategies for the business. We are grateful for the focus and ongoing leadership efforts across the entire organization. We see significant opportunities for continued organic growth for API, whether it be through much needed infrastructure investment, providing retrofit and upgrade services for existing buildings, delivering the services required for new technologies such as 5G, or supporting the growth of life safety service contracts for existing customers. Equally as attractive as the organic growth prospects, We see multiple avenues for expansion through strategic acquisitions. The markets in which the company operates are highly fragmented. We believe that with thoughtful and disciplined M&A, we can accelerate the growth and service offerings of the business. With that, I'll hand the call over to Russ.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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