Welcome to our dedicated page for Advanced Drain Sys Del news (Ticker: WMS), a resource for investors and traders seeking the latest updates and insights on Advanced Drain Sys Del stock.
Advanced Drainage Systems Inc (WMS) delivers innovative water management solutions through advanced thermoplastic technology and sustainable manufacturing practices. This news hub provides investors and industry professionals with essential updates about the company’s operational milestones, product developments, and market leadership in drainage infrastructure.
Access official press releases covering earnings reports, strategic partnerships, and technological advancements in stormwater management systems. Our curated collection includes updates on recycling initiatives, infrastructure project contracts, and agricultural drainage innovations that demonstrate WMS’s commitment to environmental stewardship.
Key updates feature developments in corrugated pipe applications, manufacturing capacity expansions, and sustainability achievements. Monitor regulatory compliance updates and international market entries that shape the company’s position in the $12B water management sector.
Bookmark this page for streamlined access to verified information from ADS’s investor relations team. Combine real-time alerts with historical context to track performance trends in residential construction demand and municipal infrastructure investments.
Advanced Drainage Systems (NYSE: WMS), a leading manufacturer of stormwater and onsite septic wastewater management solutions, has scheduled its fiscal fourth quarter and full year 2025 financial results announcement for May 15, 2025, before market opening.
The company will host a conference call and webcast at 10:00 a.m. ET on the same day, featuring President and CEO Scott Barbour and CFO Scott Cottrill. Investors can access the webcast through the company's Investor Relations website, while teleconference participants must register in advance.
ADS operates approximately 70 manufacturing plants and 40 distribution centers, managing North America's largest company-owned fleet. As a major plastic recycling company, ADS keeps over half a billion pounds of plastic out of landfills annually.
Advanced Drainage Systems (NYSE: WMS) has announced a quarterly cash dividend of $0.16 per share, representing a 14% increase over the prior year's amount. The dividend will be paid on March 14, 2025, to shareholders of record as of February 28, 2025.
CEO Scott Barbour emphasized that this dividend increase reflects the company's strong balance sheet, robust cash generation, and commitment to shareholder returns. The decision demonstrates ADS's confidence in maintaining both shareholder distributions and strategic business investments.
ADS, founded in 1966, is a leading manufacturer of stormwater and onsite septic wastewater solutions, operating approximately 70 manufacturing plants and 40 distribution centers. The company is also one of North America's largest plastic recycling companies, preventing over half a billion pounds of plastic from entering landfills annually.
Advanced Drainage Systems (NYSE: WMS) reported Q3 fiscal 2025 results with net sales increasing 4.3% to $690.5 million. However, net income decreased 23% to $82.3 million, with earnings per diluted share falling 22.3% to $1.04.
Year-to-date performance showed net sales up 3.1% to $2.3 billion, while net income decreased 10.1% to $375.8 million. The company's Infiltrator segment showed strong performance with a 30.3% sales increase to $135.3 million, boosted by the Orenco acquisition.
The company maintained its fiscal 2025 guidance, projecting net sales between $2.900-2.975 billion and Adjusted EBITDA of $880-920 million. During the period, WMS repurchased 0.4 million shares for $69.9 million, with $147.7 million remaining in the buyback authorization. The company's trailing-twelve-month leverage ratio stands at 1.0 times Adjusted EBITDA.
Advanced Drainage Systems (NYSE: WMS) announced a groundbreaking $30 million expansion of its recycling facility in Cordele, Georgia. The expansion will increase the facility's total size to 117,000 square feet and create up to 50 new jobs.
The enhanced facility will feature advanced plastic handling and processing capabilities, an onsite laboratory for streamlined testing, and will supply high-quality recycled plastic material to nearby ADS manufacturing sites. As one of North America's largest plastic recycling companies, ADS converts post-industrial and post-consumer recycled plastics into durable products like pipe and chambers.
The development was supported by the Cordele-Crisp County Industrial Development Council, Crisp County Commissioners, and the Georgia Department of Economic Development, with the Crisp County Power Commission providing transformer installation support.
Advanced Drainage Systems (NYSE: WMS) has released its 2024 stormwater management survey results, conducted by The Harris Poll. The study reveals increasing concerns about stormwater infrastructure, with 60% of Americans worried about their community's stormwater management, up from 51% last year.
Key findings show that 64% of Americans report negative stormwater impacts in their communities, with 12% citing major negative effects. Among those affected, 64% experience flooded streets, and 45% report damage to homes and businesses. Additionally, 52% of Americans worry about flooding around their homes.
The survey comes amid significant weather events in 2024, including 24 confirmed weather-related disasters exceeding $1 billion in losses and 92 flash flood emergencies. In response, ADS has unveiled the world's largest stormwater engineering facility in Hilliard, Ohio, focusing on developing advanced stormwater solutions using recycled plastics and innovative technologies.
Advanced Drainage Systems (NYSE: WMS) has scheduled the release of its fiscal third quarter 2025 financial results for February 6, 2025, before market opening. The company's President and CEO Scott Barbour and CFO Scott Cottrill will host a conference call and webcast at 10:00 a.m. ET on the same day.
ADS is a leading manufacturer of stormwater and onsite septic wastewater management solutions, operating approximately 70 manufacturing plants and 40 distribution centers. The company, along with its subsidiary Infiltrator Water Technologies, serves various markets including commercial, residential, infrastructure, and agriculture. As one of North America's largest plastic recycling companies, ADS keeps over half a billion pounds of plastic out of landfills annually.
Advanced Drainage Systems (NYSE: WMS) Foundation announced a $5 million deposit into Adelphi Bank, a Black-owned financial institution established in January 2023. Adelphi Bank, the first Black-owned bank established in the US since 2000, is one of only 23 Black-owned banks nationwide and the only one in Ohio. Located in the King-Lincoln Bronzeville community, the bank focuses on uplifting central Ohio's communities of color through financial access. The funds will be reinvested in the community through loans, financial services, and support for small businesses, particularly minority- and women-owned enterprises.
Advanced Drainage Systems (NYSE: WMS) announced a $30,000 donation through the ADS Foundation to support Hurricane Helene and Milton relief efforts. The funds will be equally split between the North Carolina Disaster Relief Fund and Florida Disaster Fund. Both states were severely impacted by Hurricane Helene (category 4) and Hurricane Milton (category 3), with Florida experiencing its worst hurricane impact in 103 years. Infiltrator Water Technologies, an ADS subsidiary, is providing products to affected areas, while two ADS manufacturing facilities are delivering supplies to North Carolina.
Advanced Drainage Systems (NYSE: WMS) has announced a quarterly cash dividend of $0.16 per share, representing a 14% increase over the prior year. The dividend will be paid on December 16, 2024, to shareholders of record as of December 2, 2024. CEO Scott Barbour attributes this decision to the company's strong balance sheet, robust cash generation, and commitment to shareholder returns. ADS, a leading manufacturer of stormwater and septic wastewater solutions, operates approximately 70 manufacturing plants and 40 distribution centers, while maintaining North America's largest plastic recycling operation.
Advanced Drainage Systems (NYSE: WMS) reported flat Q2 FY2025 net sales of $782.6 million, with net income decreasing 4.3% to $131.2 million. Net income per diluted share fell 2.3% to $1.67. Year-to-date results showed a 2.5% increase in net sales to $1.6 billion, while net income decreased 5.6% to $293.5 million.
The company maintained a robust Adjusted EBITDA margin of 31.4% despite facing headwinds in the non-residential market and weather-related disruptions. The company highlighted strong demand in Infiltrator and ADS residential and infrastructure markets, while announcing the acquisition of Orenco Systems to expand in the advanced wastewater treatment space.
