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 Corp (NYSE: ZWS) delivers essential clean water infrastructure systems for commercial, institutional, and municipal applications. This news hub provides investors and industry professionals with timely updates on corporate developments, regulatory filings, and technological advancements in sustainable water management.
Access official press releases, earnings reports, and strategic announcements alongside analysis of ZWS's leadership in hygienic water systems and environmental stewardship. Our curated feed tracks critical updates across three key areas: product innovations in water safety technology, sustainability initiatives addressing global water challenges, and market expansion efforts within the commercial plumbing sector.
Bookmark this page to monitor ZWS's progress in developing water conservation solutions, partnerships with municipal authorities, and compliance with evolving environmental regulations. All content is sourced directly from company filings and verified industry publications to ensure reliability for investment decision-making.
On February 13, 2022, Zurn Water Solutions (NYSE: ZWS) announced a definitive agreement to merge with Elkay Manufacturing in an all-stock transaction. This merger positions Zurn to own approximately 71% of the combined entity, named Zurn Elkay Water Solutions Corporation. The deal, valuing Elkay at $1.56 billion, aims to create a North American water solutions leader, enhancing growth potential in the drinking water sector with an estimated $50 million in cost synergies by 2025. A cash dividend increase is planned post-transaction.
Zurn Water Solutions Corporation (NYSE: ZWS) has announced a quarterly dividend of $0.03 per share, payable on March 7, 2022, to stockholders of record as of February 18, 2022. The company, headquartered in Milwaukee, Wisconsin, focuses on providing sustainable water solutions aimed at enhancing health and safety. Zurn’s diverse product offerings include water control, distribution, and drainage systems. This dividend declaration reflects the company's commitment to delivering value to its investors while supporting its growth trajectory.
Zurn Water Solutions Corporation (ZWS) reported a 23% increase in net sales for Q4 2021, totaling $232 million, aided by a 16% rise in core sales. Adjusted EPS rose to $0.22 from $0.09 year-over-year. However, net income from continuing operations dropped to $3 million, reflecting a $20 million loss on debt extinguishment. For 2021, total sales reached $911 million, up 22%, with adjusted EPS increasing to $0.77 from $0.50. Management expects high teens percentage growth in total sales for Q1 2022 and maintains a positive outlook for double-digit core growth in 2022.
Zurn Water Solutions Corporation (NYSE: ZWS) will hold a conference call on February 2, 2022, at 7:00 a.m. Central Time, to discuss its fourth quarter 2021 financial results. The financial report will be released after market close on February 1, 2022.
Chairman and CEO Todd Adams, along with Senior VP and CFO Mark Peterson, will co-host the call, which will also be available via a live webcast. A replay will be accessible from February 2 at 10:00 a.m. Central Time until February 9 at 10:59 p.m. Central Time.
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.
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.
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