Welcome to our dedicated page for Watts Water Technologies news (Ticker: WTS), a resource for investors and traders seeking the latest updates and insights on Watts Water Technologies stock.
Watts Water Technologies, Inc. (WTS) delivers innovative water management solutions through advanced valves, flow control systems, and water quality technologies. This page provides investors and industry professionals with a centralized source for official company announcements, operational updates, and strategic developments.
Access real-time updates on product innovations, regulatory compliance milestones, and market expansion efforts across WTS's core segments: plumbing safety systems, HVAC efficiency solutions, water reuse technologies, and infrastructure-grade filtration products. Our news collection ensures transparent tracking of the company's global initiatives in water conservation and sustainable engineering.
Key updates include earnings disclosures, leadership changes, manufacturing advancements, and partnership announcements. All content is curated to meet investor needs for decision-ready information while maintaining strict compliance with financial reporting standards.
Bookmark this page for continuous access to Watts Water Technologies' latest developments in water system optimization and energy-efficient infrastructure solutions. Verify critical updates through primary source documents linked within each news entry.
Watts Water Technologies (NYSE: WTS) has sponsored an integrated water system installation in Da Nhim Commune, Vietnam, to provide clean water access. This initiative, in partnership with Planet Water Foundation, includes an AquaTower water filtration system at a local school, benefiting over 600 students and their families. Since 2016, Watts and Planet Water have provided clean water to approximately 30,000 people across various countries. CEO Robert J. Pagano, Jr. emphasized the company's commitment to advocating for safe water access globally.
Watts Water Technologies (NYSE: WTS) announces a presentation by CEO Robert J. Pagano, CFO Shashank Patel, and VP Timothy M. MacPhee at the Gabelli Funds 31st Annual Pump, Valve & Water Systems Virtual Symposium on February 25, 2021, at 8:00 a.m. EST. The event will be broadcast via Wall Street Webcasting and will remain available for replay until May 26, 2021. Watts Water is a global manufacturer known for its extensive plumbing, heating, and water quality products for various applications.
Watts Water Technologies reported its fourth quarter and full-year results for 2020, during which sales reached $403 million for Q4 and $1.5 billion for the year. Despite a 6% drop in annual sales due to COVID-19, adjusted operating margin remained consistent with 2019 levels thanks to aggressive cost actions. Net income per diluted share was $0.86 for Q4 and $3.36 for the full year, both lower than 2019. Free cash flow improved by 14%, driven by better working capital management. The company shows resilience amid pandemic challenges, with expectations for continued adaptation in 2021.
Watts Water Technologies (NYSE: WTS) announced a quarterly dividend of $0.23 per share for its Class A and Class B Common Stock. This dividend will be distributed on March 15, 2021, to shareholders on record as of March 1, 2021. Watts operates globally, offering a comprehensive range of plumbing, heating, and water quality products for various applications. Their commitment to innovative solutions underlines their market position in the industry.
Watts Water Technologies, Inc. (NYSE: WTS) will host a live webcast for its Fourth Quarter 2020 financial results on February 11, 2021, at 9:00 a.m. EST. The results will be announced in a press release after market close on February 10, 2021. The conference call can be accessed through the Investor Relations section of the company's website, where an archived version will also be available until February 11, 2022. Watts Water is a global manufacturer providing a broad range of plumbing, heating, and water quality products.
Watts Water Technologies, Inc. (NYSE: WTS) has elected Michael J. Dubose to its Board of Directors, where he will also serve on the Nominating and Corporate Governance Committee. Dubose has extensive experience in the healthcare sector, having been the President of Fisher Healthcare Division at Thermo Fisher Scientific since 2019. His previous roles include Vice President at W.W. Grainger and Regional Vice President at Staples. Chairman W. Craig Kissel believes Dubose's expertise will enhance operational excellence and solution sales for Watts.
Watts Water Technologies (NYSE: WTS) reported third quarter 2020 results, revealing a 3% decline in sales compared to the previous year. Despite the volume reductions driven by COVID-19, the company achieved a 2% increase in net income to $32.9 million and a 3% rise in diluted earnings per share to $0.97. Aggressive cost reduction efforts offset the impact of the pandemic, contributing to improved operating margins. The company generated $95 million in free cash flow year-to-date, enhancing its financial stability.
Watts Water Technologies (NYSE: WTS) announced a quarterly dividend of $0.23 per share for its Class A and Class B Common Stock. This dividend will be paid on December 15, 2020, to shareholders of record as of December 1, 2020. Watts Water is a leading global manufacturer providing a wide range of plumbing, heating, and water quality solutions for various applications.
Watts Water Technologies, Inc. (NYSE: WTS) will host a live webcast of its conference call to discuss its Third Quarter 2020 results on November 5, 2020, at 9:00 a.m. EST. The financial results will be announced in a press release after market close on November 4, 2020. The webcast will be available on the company's Investor Relations website, with an archived version accessible until November 5, 2021. Watts Water is a global manufacturer providing diverse plumbing, heating, and water quality products for various applications.
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