APi Group Corporation (APG) 2023年年度报告「NYSE」.pdf

1、2023 Annual ReportBuilding Great LeadersAPi Group3Our PurposeBuilding Great LeadersWho We AreFounded in 1926,APi is a market leading global provider of life safety,security,monitoring,and specialty services,with revenue of over$6.9 billion.We are headquartered in New Brighton,Minnesota,operate in mo

2、re than 20 countries,and have a team of approximately 29,000 leaders.Our core and enduring purpose is Building Great Leaders.We believe this purpose creates an empowered,entrepreneurial atmosphere that facilitates organizational sharing of knowledge and best practices enabling the development of int

3、egrated solutions and innovation.We specialize in two business segments:Safety Services and Specialty Services.Within our Safety Services segment,our mission revolves around safeguarding our customers personnel,properties,and high-value possessions.This includes the design,installation,servicing,and

4、 monitoring of fire detection and suppression systems,as well as security systems,catering to various industries needs and a diverse customer base.Additionally,our Specialty Services segment delivers specialized industrial services.This includes the maintenance and repair of vital infrastructure ele

5、ments encompassing underground electric,gas,water,sewer,and telecommunications infrastructure.We are committed to delivering on our long-term“13/60/80”shareholder value creation goals,which are:13%or more adjusted EBITDA margin in 2025,60%of revenues from inspection,service,and monitoring,80%average

6、 adjusted free cash flow conversion,as well as our aspirational goals of becoming the#1 people-first company and#1 in business performance in our industry.What We BelieveWe believe that great leaders are a competitive advantage and create shareholder value.We believe that everyone,everywhere is a le