EVI Industries to Attend Baird 2019 Global Industrial Conference from November 5-7, 2019
October 17 2019 - 9:00AM
Business Wire
EVI Industries, Inc. (NYSE American: EVI) announced today that
Henry M. Nahmad, Chairman and CEO, is scheduled to host one-on-one
meetings with registered investors at the Baird Global Industrial
Conference being held at the Four Seasons Hotel Chicago during the
conference dates from November 5-7, 2019. For more information on
the conference and to schedule a one-on-one meeting, please contact
Baird Conferences at bairdconferences@rwbaird.com.
In March 2015, EVI implemented a buy-and-build strategy focused
on long-term growth and shareholder value creation. In connection
with its long-term growth strategy, during the last thirty-six
months, EVI has acquired twelve commercial laundry distributors and
service providers. In pursuit of the Company’s long-term growth
goals, EVI continues to thoughtfully execute its growth strategy,
including: (1) the pursuit of acquisitions of quality and
complementary businesses, (2) the pursuit of organic growth
opportunities, and (3) investments in advanced technologies
designed to improve efficiency and productivity.
About EVI Industries
EVI Industries, Inc., through its wholly owned subsidiaries, is
a value-added distributor, and provides advisory and technical
services. Through the Company’s vast sales organization, it
provides its customers planning, designing, and consulting services
related to their commercial laundry operations. The Company sells
and/or leases its customers commercial laundry equipment
specializing in washing, drying, finishing, material handling,
water heating, power generation, and water reuse applications. In
support of the suite of products it offers, the Company sells
related parts and accessories. Additionally, through the Company’s
robust network of commercial laundry technicians, the Company
provides its customers installation, maintenance, and repair
services. The Company’s customers include retail, commercial,
industrial, institutional, and government customers. Purchases made
by customers range from parts and accessories, to single or
multiple units of equipment, to large complex systems, as well as
installation, maintenance and repair services.
Forward-Looking Statements
Except for the historical matters contained herein, statements
in this press release are forward-looking and are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are subject to a
number of known and unknown risks and uncertainties that may cause
actual results, trends, performance or achievements of EVI, or
industry trends and results, to differ from the future results,
trends, performance or achievements expressed or implied by such
forward-looking statements. These risks and uncertainties include,
among others, the risks related to EVI’s business, results,
financial condition, prospects, and growth strategy and plans,
risks associated with EVI’s buy-and-build growth strategy,
including that EVI may not be successful in identifying or
consummating acquisitions or other strategic opportunities where or
when expected, or at all, that acquisition and other strategic
opportunities may not be available to EVI to the extent anticipated
or at all, that the potential benefits of transactions may not be
realized to the extent anticipated or at all, integration risks,
risks related to indebtedness incurred in connection with
transactions, dilution experienced by EVI’s stockholders as a
result of shares issued in connection with transactions, risks
related to the business, operations and prospects of acquired
businesses, their ability to achieve growth and EVI’s ability to
support growth efforts, risks related to EVI’s and its acquired
businesses’ relationships with principal suppliers and customers,
including EVI’s ability to expand or maintain such relationships,
and the impact that the loss of any principal supplier or customer
could have on EVI’s results and financial condition, risks related
to EVI’s ability to successfully build its existing operations,
risks relating to EVI’s ability to identify growth opportunities
in, successfully enter into, and compete effectively in, related
industries as well as trends related to those industries and the
timing of any such efforts, risks related to organic growth
initiatives, risks that investments, initiatives and expenses may
not result in the benefits anticipated, including long-term growth,
and other economic, competitive, governmental, technological and
other risks and factors, including those discussed in the Company’s
filings with the Securities and Exchange Commission, including,
without limitation, the Company’s Annual Report on Form 10-K for
the fiscal year ended June 30, 2019. Many of these risks and
factors are beyond EVI’s control. In addition, past performance of
EVI and its acquired businesses and perceived trends may not be
indicative of future results. EVI cautions that the foregoing
factors are not exclusive. The reader should not place undue
reliance on any forward-looking statement, which speaks only as of
the date made. EVI does not undertake to, and specifically
disclaims any obligation to, update or supplement any
forward-looking statement, whether as a result of changes in
circumstances, new information, subsequent events or otherwise,
except as may be required by law.
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Henry M. Nahmad (305) 402-9300 Michael Steiner (305)
402-9300
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