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. reports developments tied to its global manufacturing business in plumbing, heating and water quality products and solutions for commercial, residential and industrial applications. Company news commonly covers quarterly results, organic and acquisition-driven sales, segment margin trends, pricing, productivity, inflation and tariff effects across the Americas, Europe and APMEA.
Recurring updates also include dividends on Class A and Class B common stock, completed acquisitions that expand product categories and geographic reach, and sustainability or workplace recognition tied to the company's operating practices and water-efficiency product focus.
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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 The webcast will be available on the company's Investor Relations website, with an archived version accessible until November 5, 2021.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.