Watsco to Present at the Morgan Stanley 5th Annual Laguna Conference
MIAMI, Sept. 12, 2017 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that Barry S. Logan, Senior Vice President, is scheduled to present at the Morgan Stanley 5th Annual Laguna Conference being held at the Ritz-Carlton, Laguna Niguel in Dana Point, CA on Thursday, September 14, 2017 at 10:30 a.m. (PDT). 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.
Watsco provides comfort to homes and businesses regardless of the outdoor climate. There are approximately 92 million central air conditioning and heating systems installed in the United States that have been in service 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 its competitors as the movement toward reducing energy consumption and its environmental impact continues. This is especially important since heating and cooling accounts for approximately half of the energy consumed in a typical U.S. home.
Watsco’s traditional sales channel is the industry’s largest and currently serves 88,000 contractor businesses through 562 locations in the United States, Canada, Mexico and Puerto Rico, and on an export basis to Latin America and the Caribbean. Watsco is a technology company, operating scalable platforms for mobile apps, e-commerce, business intelligence and supply chain. Strategic goals are to accelerate sales and profit growth, increase the speed and convenience of serving customers and to extend its reach into new geographies and sales channels. Watsco is also developing technologies to address the evolving buying habits of consumers in the digital economy. Over the long-term, Watsco believes its focus, scale and innovative culture offer significant advantages to address the consumer market, which is estimated to be $88 billion annually. Additional information about Watsco may be found at http://www.watsco.com.
Barry S. Logan
Senior Vice President
2665 S. Bayshore Drive, Suite 901
Miami, Florida 33133, USA
Fax: (305) 858-4492