NYSE · Consumer Discretionary

API GROUP CORP APG

APi Group Corp (NYSE: APG) is a leading global provider of installation, inspection and maintenance services for fire protection, life safety and security systems, with its business covering commercial, industrial, infrastructure and other fields. The company's recent quarterly net revenue reached US$1.98 billion, a year-on-year increase of 15.3%, of which organic growth was 10.4%, mainly driven by testing, services and monitoring businesses, and project pricing. The key points of investment analysis are its high proportion of recurring service revenue, its ability to integrate mergers and acquisitions, and its continued growth potential in a fragmented industry.