Welcome to our dedicated page for Zurn Elkay Water Solutions news (Ticker: ZWS), a resource for investors and traders seeking the latest updates and insights on Zurn Elkay Water Solutions stock.
Zurn Elkay Water Solutions Corporation designs, procures, manufactures and markets specification-driven water management products for public and private spaces. Its portfolio includes professional grade water safety and control products, flow systems, hygienic and environmental products, and filtered drinking water products.
Recurring news for ZWS covers quarterly and annual financial results, core sales trends, operating margin commentary, capital returns through dividends and share repurchases, and updates tied to the Zurn Elkay Business System. Company announcements also include sustainability and climate-recognition items that relate to its water management business and environmental positioning.
Zurn Water Solutions Corporation (NYSE: ZWS) has joined the United Nations Global Compact, reinforcing its commitment to responsible business practices and sustainability. This move aligns with the company's transition to a pure-play water solutions provider. Zurn’s CEO, Todd A. Adams, emphasized the importance of their extensive product offerings in promoting environmental health while supporting customers’ sustainability objectives. Zurn plans to integrate the UN Global Compact's Ten Principles into its ESG strategies and disclose further developments in its annual Sustainability Report.
Zurn Water Solutions Corporation (NYSE: ZWS) announced its participation in the Oppenheimer Midwest Industrial Summit on December 14, 2021. Headquartered in Milwaukee, Wisconsin, Zurn focuses on sustainable water solutions, offering a broad range of products aimed at enhancing health, safety, and the environment. Their offerings include water control, distribution, drainage, and plumbing solutions for various public and private applications. For more information, visit www.zurnwatersolutions.com.
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Zurn Water Solutions Corporation (NYSE: ZWS) has expanded its flow systems portfolio by acquiring the Wade Drains product line from McWane, Inc. This move enhances Zurn's existing expertise and market coverage in drainage and environmental products. Wade is recognized for its specified commercial plumbing products and has a long history in the industry. The acquisition aims to foster growth in Zurn's flow systems business by adding a reputable brand to its offerings.
Zurn Water Solutions Corporation (NYSE: ZWS) will participate in the Credit Suisse 9th Annual Industrials Conference on December 1, 2021. Based in Milwaukee, Wisconsin, Zurn is a focused water business that offers a sustainable product portfolio aimed at enhancing health and safety. Their solutions cover water control, distribution, drainage, plumbing, and environmental products for various applications. For more details, visit www.zurnwatersolutions.com.
Zurn Water Solutions Corporation (NYSE: ZWS) will participate in the Baird 2021 Global Industrial Conference on November 9, 2021. Based in Milwaukee, Zurn specializes in sustainable water solutions, offering a diverse product portfolio aimed at improving health, safety, and environmental conditions. The company focuses on water control, distribution, drainage, and plumbing products for various spaces.
Zurn emphasizes the potential for future growth, while cautioning that forward-looking statements involve risks and uncertainties.
Zurn Water Solutions Corporation (NYSE:ZWS) reported third quarter net sales of $557 million, reflecting a 9% core sales growth compared to last year. Net income rose to $64 million, with diluted EPS of $0.51. Adjusted EBITDA was $128 million, or 23% of net sales. The company anticipates a strong fourth quarter, expecting total sales growth of high teens percentage and an Adjusted EBITDA margin between 24% and 24.5%. Zurn's successful spin-off from Rexnord positions it as a leading water solutions provider, aiming for double-digit core growth in 2022.
Zurn Water Solutions Corporation (NYSE: ZWS) has declared a quarterly dividend of $0.03 per share, payable on December 7, 2021, to shareholders on record as of November 19, 2021. This decision by the Board of Directors reflects the company's commitment to increasing shareholder value, backed by strong cash flow and low leverage. Zurn aims to balance dividend payments with investments in organic growth and strategic acquisitions to enhance its market position.
Zurn Water Solutions Corporation (NYSE: ZWS) will host a conference call on October 27, 2021, at 7:00 a.m. Central Time to discuss its financial results for Q3 2021, which will be released on October 26, 2021. The call will be led by Chairman and CEO Todd Adams and CFO Mark Peterson. Investors can access the call via telephone or through a live webcast on the company’s investor relations website. A replay will also be available after the live event until November 3, 2021.
Zurn Water Solutions Corporation (NYSE: ZWS) has successfully completed a spin-off of its Process & Motion Control business in a Reverse Morris Trust transaction. As a result, Zurn is now a standalone company focusing solely on water solutions, with shares trading under the ticker symbol 'ZWS.' The company aims to address global water challenges with innovative technologies, enhancing safety, conservation, and efficiency. Stockholders received 0.22296103 shares of Regal common stock for each share of ZWS. Zurn emphasizes sustainability and value creation for stakeholders.