Watsco to Present at the Jeffries 2013 Industrials Conference
MIAMI -- August 5, 2013
Watsco, Inc. (NYSE:WSO) announced today that Barry S. Logan, Senior Vice
President, is scheduled to present at the Jeffries 2013 Industrials Conference
being held in New York City on Wednesday, August 14, 2013 at 10:30 a.m. (EDT).
Internet users can listen to a live webcast of the presentation at the
Investor Relations section of Watsco’s website at http://www.watsco.com.
About Watsco, Inc.
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
This document includes certain “forward-looking statements” within the meaning
of the Private Securities Litigation Reform Act of 1995. These statements are
based on management's current expectations and are subject to uncertainty and
changes in circumstances. Actual results may differ materially from these
expectations due to changes in economic, business, competitive market, new
housing starts and completions, capital spending in commercial construction,
consumer spending and debt levels, regulatory and other factors, including,
without limitation, the effects of supplier concentration, competitive
conditions within Watsco’s industry, seasonal nature of sales of Watsco’s
products, the ability of the Company to expand its business, insurance
coverage risks and final GAAP adjustments. Forward-looking statements speak
only as of the date the statement was made. Watsco assumes no obligation to
update forward-looking information to reflect actual results, changes in
assumptions or changes in other factors affecting forward-looking information.
Detailed information about these factors and additional important factors can
be found in the documents that Watsco files with the Securities and Exchange
Commission, such as Form 10-K, Form 10-Q and Form 8-K.
Barry S. Logan, 305-714-4102
Senior Vice President
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