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Consolidated Water to Attend the 10th Annual ROTH London Conference, June 25-27, 2024

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Consolidated Water (NASDAQ: CWCO) will attend the 10th Annual ROTH London Conference from June 25-27, 2024, at the Four Seasons Hotel London. The event will feature one-on-one and small group meetings with executive management from around 80 companies across various sectors. Consolidated Water's EVP & COO, Ramjeet Jerrybandan, will discuss the company's growth drivers, including a significant project in Hawaii and robust bidding activity in the Western U.S. The company reported a strong Q1 2024 with a 21% revenue increase to $39.7 million and a net income of $6.9 million, or $0.43 per diluted share. Additionally, a dividend of $0.095 per share was declared for Q3 2024, payable on July 1, 2024.

Positive
  • Participation in the ROTH London Conference offers networking opportunities with investors and analysts.
  • Strong Q1 2024 financial results: 21% revenue increase to $39.7 million.
  • Net income from continuing operations in Q1 2024: $6.9 million or $0.43 per diluted share.
  • Declared a Q3 2024 dividend of $0.095 per share, enhancing shareholder value.
  • Growth drivers: design-build-operate project in Hawaii and robust project bidding activity in the Western U.S.
  • PERC Water subsidiary positioned for growth in the Southwestern U.S. water treatment and reuse sector.
Negative
  • Dependency on future growth drivers such as the project in Hawaii and bidding activities in the Western U.S., which may pose risks if these do not materialize as expected.
  • Potential volatility in earnings and revenue if the company fails to secure new projects or contracts.
  • The declared dividend, while positive for shareholders, may also indicate reinvestment opportunities within the company.

GEORGE TOWN, Cayman Islands, June 11, 2024 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, has been invited to participate at the 10th Annual ROTH London Conference being held at the Four Seasons Hotel London at Park Lane in London, England, on June 25-27, 2024.

The conference will feature in-person one-on-one and small group meetings with executive management from approximately 80 companies in a variety of sectors, including sustainability and technology. Past conferences have attracted hundreds of participants, including institutional investors, family offices, high-net-worth investors, and equity analysts.

Consolidated Water’s EVP & COO, Ramjeet Jerrybandan, will participate in one-on-one meetings with analysts and investors on June 26-27.

He will discuss the company’s future growth drivers which include its design-build-operate project underway in Hawaii and the robust project bidding activity occurring across the Western U.S. He will also discuss how the company’s PERC Water subsidiary is well positioned for continuing growth in the advanced water treatment and reuse sector in the Southwestern U.S.

The company produced strong results in the first quarter of 2024, with revenue up 21% to $39.7 million and net income from continuing operations of $6.9 million or $0.43 per diluted share. Last week the company declared a dividend of $0.095 per common share for the third quarter 2024 to be paid to shareholders of record on July 1, 2024.

To submit your ROTH Conference registration request, click here. To schedule a one-on-one meeting with Consolidated Water, please contact your ROTH representative.

For questions or further information about Consolidated Water, please contact Ron Both of CMA at (949) 432-7557, or submit your request here.

About ROTH MKM
ROTH MKM is a relationship-driven investment bank focused on serving growth companies and their investors. Their full-service platform provides capital raising, high impact equity research, macroeconomics, sales and trading, technical insights, derivatives strategies, M&A advisory, and corporate access. Headquartered in Newport Beach, California, ROTH MKM is a privately-held, employee owned organization and maintains offices throughout the U.S. For more information, please visit roth.com.

About Consolidated Water Co. Ltd.
Consolidated Water Co. Ltd. develops and operates advanced water supply and treatment plants and water distribution systems. The company designs, constructs and operates seawater desalination facilities in the Cayman Islands, The Bahamas and the British Virgin Islands, and designs, constructs and operates water treatment and reuse facilities in the United States. The company recently entered the U.S. desalination market with a contract to design, construct, operate and maintain a seawater desalination plant in Hawaii.

The company also manufactures and services a wide range of products and provides design, engineering, management, operating and other services applicable to commercial and municipal water production, supply and treatment, and industrial water and wastewater treatment. For more information, visit cwco.com.

Company Contact:
David W. Sasnett
Executive Vice President and CFO
Tel (954) 509-8200
Email Contact

Investor Relations Contact
Ron Both or Grant Stude
CMA Investor Relations
Tel (949) 432-7566
Email Contact

Media Contact:
Tim Randall
CMA Media Relations
Tel (949) 432-7572
Email Contact


FAQ

When is Consolidated Water attending the ROTH London Conference?

Consolidated Water will attend the ROTH London Conference from June 25-27, 2024.

What will Consolidated Water discuss at the ROTH London Conference?

Consolidated Water's EVP & COO, Ramjeet Jerrybandan, will discuss the company's growth drivers, including a project in Hawaii and robust project bidding activity in the Western U.S.

What were Consolidated Water's Q1 2024 financial results?

Consolidated Water reported a 21% revenue increase to $39.7 million and a net income of $6.9 million or $0.43 per diluted share in Q1 2024.

What dividend did Consolidated Water declare for Q3 2024?

Consolidated Water declared a Q3 2024 dividend of $0.095 per share, payable on July 1, 2024.

What is the stock symbol for Consolidated Water?

The stock symbol for Consolidated Water is CWCO.

Consolidated Water Co Inc

NASDAQ:CWCO

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