call you Thank Thank for our the morning. time taking to this join you, Jim. Good morning, everyone.
each the our XX,XXX teammates and of work well-being their remain grateful of value. of is safety, leaders to truly hard for and The our APi. We dedication #X health our
provide and with field branches will human on win. because to the training leaders our each them We and the as invest development men leadership wins APi and continue in field opportunities women in advancement and only beings, of
and support shootings leaders teammates not there three thoughts our and results our were were in impacted Before the Maine, who our who Lewiston, getting Thankfully, into for at of were share week. tragically present horrific harmed. alley I our last our bowling outlook, APi to by wanted the
safety and workplace health and is this included mentioned the model presentation. our our said, beyond of once well. personal see, their priority, our long-term extends #X shareholder and obviously team into as our you lives XX/XX/XX that in value I creation As Jim their again,
achieving to driving investor at calls consistently this detail revenue on As strategy and recurring focus I EBITDA continue with in focused the specific service XXXX, margins mix we the while business. on of are quarterly XX% conferences, adjusted a expanding our of
our and pricing, expansion improved strong and this accomplished the well systems customer value executing as better. always and I business project like inspection, been accretive say, has be as by progress which year, focusing mix, margin capture, on we monitoring service The made burning. procurement, initiatives, team items: scale; And on has following can M&A selection; to disciplined just as selected Chubb revenue
in continue these XXXX beyond. from We and see XX% to initiatives through runway
record is right I'm the delivered team are leaders field on our focused Turning demand as margin deploy with opportunities see we continue we services to key picking results global And quarter. the offer. our on pleased this to the we again the solid to highest work. by for the
primarily drives year-to-date, organic reaching across grew selection conversion. focus Net by on for XXXX. XX, in quarter X growth disciplined September flow billion and lower in months This and X.X% was revenues improvement strategic which margins free the our approximately customer in by driven $X.X the organically and business, the ended by quarter cash the project X%
focus project expansion. our quarter, X%, continue the strong, contracted to business customer selection margin business while growth to by In we and approximately organic drive services our expected disciplined projects gross remained in on X%, as as
pandemic. again was of once the of the plus our tough in the XX%-plus XXXX. which off each growth have posted growth achieved inspection organic This in Safety approximately X% quarter, business U.S. Safety a solid core QX since comp led Life double-digit of consistent U.S. in organic by we Life growth, start quarter growth
quarter, the and business. inspection approximately revenues. around our moat inspection, in the service strength service compared higher-margin work revenues and grew and to project subsequent when to provide monitoring the organically in outsized The our continues which the growth services strengthens revenue expands growth Importantly, our protective X% pull-through margins in by both
the electric we centers, the end are expected construction increase source side, you're double still manufacturing continued with data choosing see XXXX, by at. vehicle in semiconductor, and focused on momentum data on in ones. depending looking right On center and project matter, markets and We what critical manufacturing infrastructure to digits
to are continues Our in backlog the and remains not healthy areas grow we earning.
the margin-enhancing the right gives focus projects this grow to while customers end still of our in business continue confidence on right a us in All markets. organically can the right a for way maintaining we projects doing
strategic end performance am in continue points. our strong through commitment in pricing project the The with maintaining ongoing line of led with representing margin leadership driving team's XXX XXX and to up margin In points. I margin adjusted and gross year-over-year service market activities, gross initiatives, basis XX.X%, gross improvements the pleased selection. quarter, we adjusted strong discipline customer to to see improvements of in basis expansion growing margin third quarter in higher-margin work EBITDA third margin
a of across our of to high technicians pipeline I'd is to of local my geographically diversification. XXX create North smaller spread These union America. appreciation to highly relationships express over APi level well like skilled as stable take XXX-plus minute partner to as partnerships. unions a a all a
truly our provide skilled of a many employer these appreciate leaders, we field leading at path the opportunity to highly unions, As career for APi.
our Labor our relationships APi allows and drive through the cost, its union labor activities. largest margin visibility is variable provide rate expansion to pricing
that don't in place our very with fair healthy, with challenge industry unions is the agreements business long-term relationships Our experienced. automotive way the has our
with show and delivered our branch-led culture of growth. since underway operational to organic six The business The progress from international ownership, organic another perspective. straight go-to-market continues business transformation quarter the growth quarters a despite has
intentional driving target. continues targeting on Our great XX% margin price with positive EBITDA business in change being done and leadership our to profitability has work is team achieving the and increasing our by to focus international job their that XXXX adjusted drive about additive a through
early value technology our business equity, and in in be of business actively to are provide differentiated, that harnessing I this opportunity the efficiency we integration quarter. our it. update on are fourth our capture the which through on operational will substantial, detailed the $XXX expect continues million international are more and track. brand in The and plan, of capabilities addressing in The a the we we progress organization innings remains
M&A. to on Moving
seen, to have this year, have accretive with transactions in our returned you we closed five Services Safety M&A on deleveraging commitment. bolt-on As while segment our delivering
from with what leadership record integrating both we a in is opportunities and successful Our appropriate multiple of pipeline line consider in operational businesses of to cultural and our be standpoint, solid. a has team long track
-- U.S. M&A at acquisitions. continues robust active buyers pipeline. of on and multiples safety remain work, with life most a with values U.S. we'll opportunities hard fit attractive focus culture, forward, The the prioritizing near-term our on in Looking right the right the the team their bolt-on strategic businesses
And continue and I add APi businesses remain family. to their leaders excited to new to the
continue also to APi high-margin creation focused value mandated statutorily services, needed on CapEx businesses even our an into an our targets. where with on review We XX/XX/XX evolve existing asset-light business lower emphasis
We about improvement business. new illustrate mix as of to which in there we we to a the ongoing slide But talking don't the shift earnings in our spend over our expect last the much the time presentation. continue, reduction years, X spending is capital
has services, organic customers in pruning key a reported been and specialty driver being international gross expansion, we primarily strategy certain Additionally, continue HVAC margin the of while growth. intentional on This drag and a loss-making also businesses. contracts, of our
margins to the long-term and businesses incremental Occasionally, opportunities will appropriate also at operating branches. a end include goals XXXX or in Looking necessary for to with backlog growth the right achieve have ahead our markets. solid financial pruning XXXX, we
civil reached to felt complementary design-bid million of X of in contracting business without end first long-term not the we months APi consistent was delivered of build, with the heavy sell $XX quarter, revenue which a our to agreement traditional company XXXX. an targets. opportunity, service the This APi Near
into summary, so executing I team XXXX, while and we proud achieved focused results XXXX. remain in financial on record our in of am and far the QX In
to we has of done be today. are performance. of the to what force driving to continue for leaders field grateful our where Our us each get I'm them
I Kevin to would Kevin? discuss our to now to more and call detail. like over the results hand guidance in financial