Watsco, Inc. (NYSE:WSO) (BOURSE:WSO) announced today it will host an
investor and analyst meeting on Friday, November 8, 2013 at the Loews
Miami Beach Hotel from 11:00 a.m. to 12:30 p.m. by invitation only.
Presenters will include various members of Watsco’s management team.
They will discuss Watsco’s history, growth strategy and a question and
answer session will also be held to provide insight into the company.
An audio webcast and presentation slides will be available on our
website, http://www.watsco.com.
Watsco improves indoor living and working environments with air
conditioning and heating solutions that provide comfort regardless of
the outdoor climate. Since heating and cooling accounts for
approximately 56% of the energy consumed in a typical United States
home, we offer consumers the greatest opportunity to save money on
energy by replacing existing air conditioning and heating systems with
more energy efficient and environmentally friendly solutions.
There are approximately 90 million central air conditioning and heating
systems installed in the United States that have been in service for
more than 10 years. Older systems often operate below today’s government
mandated energy efficiency and environmental standards. Watsco has an
opportunity to accelerate the replacement of these systems at a scale
greater than our competitors as the movement toward reducing energy
consumption and its environmental impact continues. We operate from more
than 570 locations in the United States, Canada, Mexico and Puerto Rico,
with additional market coverage on an export basis to Latin America and
the Caribbean. As the industry leader, significant growth potential
remains given that our current revenue run-rate is approximately 10% of
the estimated $35 billion marketplace in the Americas for HVAC/R
products. Additional information about Watsco may be found at http://www.watsco.com.
Copyright Business Wire 2013