Feb 18, 2025 / 03:00PM GMT
Operator
Good day, and welcome to the Watsco fourth quarter 2024 and year-end earnings call. (Operator Instructions) Please note, this event is being recorded.
I would now like to turn the conference over to Albert Nahmad, Chairman and CEO. Please go ahead.
Albert Nahmad - Watsco Inc - Chairman of the Board, Chief Executive Officer
Good morning (technical difficulty) earnings call. This is (technical difficulty) A.J. Nahmad, President of Watsco; Paul Johnston; Barry Logan; and Rick Gomez. Now before we start, our cautionary statement as always. This conference call has forward-looking statements as defined by SEC laws and regulations that are made pursuant to the safe harbor provisions of these various laws. Ultimate results may differ materially from the forward-looking statements.
Now on to the call, Watsco had a terrific -- emphasis on terrific fourth quarter that goes out a strong year. We achieved record sales, expanded margins, improved operating efficiency and generated record earnings and cash flow. Market conditions continue to improve, which
Q4 2024 Watsco Inc Earnings Call Transcript
Feb 18, 2025
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