Xylem Inc - XYL STOCK NEWS

Permascand, owned by Altor, has merged with Magneto Special Anodes, formerly part of Xylem Inc. (NYSE:XYL), to create a global leader in catalytic coatings and electrodes. The merged entity combines Permascand's Swedish operations with Magneto's facilities in the Netherlands and China, serving complementary customer segments in the premium market.

The merger aims to leverage both companies' technological leadership in electrochemical catalytic coatings and electrodes, with plans to expand into new segments, including green hydrogen for industrial transition. David Ekberg, with experience from Stora Enso, Climeon, and Ericsson, has been appointed CEO of the combined company. While financial terms remain undisclosed, both entities will initially continue operating under their existing names.

Trane Technologies (NYSE: TT) has announced the appointment of Matthew Pine, president and CEO of Xylem Inc. (NYSE: XYL), to its Board of Directors, effective April 1, 2025. Pine, who has served as Xylem's president and CEO since January 2024, brings over 25 years of experience in general management, sales, marketing, digital and product management.

Prior to his current role, Pine held positions as Xylem's Chief Operating Officer and Senior Vice President, leading the Applied Water and Measurement and Control Solutions segments. His experience includes leadership roles at United Technologies , Vestas Wind Systems, and Lennox International. Pine holds an MBA in finance from Northeastern University and a BA in marketing from the University of Alabama.

Xylem (NYSE: XYL) reported strong Q4 and full-year 2024 results, with Q4 revenue reaching $2.3 billion, up 7% both reported and organic. Q4 orders grew to $2.2 billion, also up 7%. The company achieved Q4 earnings per share of $1.34 (up 22%) and adjusted EPS of $1.18 (up 19%).

Full-year 2024 revenue reached $8.6 billion, increasing 16% on a reported basis and 6% organically. Full-year EPS was $3.65 (up 31%), with adjusted EPS at $4.27 (up 13%). Q4 adjusted EBITDA margin improved by 140 basis points to 21.0%.

The company announced an 11% increase in quarterly dividend to $0.40 per share. For 2025, Xylem forecasts revenue of $8.6-8.7 billion (0-2% reported growth, 3-4% organic growth) and adjusted EBITDA margin of 21.3-21.8%. Full-year 2025 adjusted EPS guidance is set at $4.50-$4.70.

Xylem (NYSE: XYL), a global water solutions company, has announced its participation in two major upcoming investor conferences. The company will be present at the Citi Investment Research conference in Miami on February 18, where management and investor relations representatives will deliver presentations and engage in investor meetings. Additionally, Xylem will attend the Raymond James & Associates conference in Orlando on March 3, following the same format of presentations and investor meetings.

Acuren (OTCQX: TICA), based in Tomball, Texas, has announced that its senior leadership will participate in the CJS Securities “New Ideas for the New Year” Virtual Conference on Tuesday, January 14, 2025.

Xylem Inc. (NYSE: XYL), a global water solutions company, has announced it will release its fourth quarter and full year 2024 financial results on February 4, 2025, at 6:55 a.m. ET. The company's senior management team will host an investor conference call at 9:00 a.m. ET on the same day.

Investors can access the call through US (+1 866-777-2509) or international (+1 412-317-5413) phone lines. A replay will be available via telephone from February 4, 1:00 p.m. ET until February 18, 11:59 p.m. ET, using access code 5412340.

Immokalee Water & Sewer District in Collier County, Florida, has partnered with Xylem (NYSE: XYL) and Core & Main for a comprehensive digital transformation initiative. The project includes deploying over 7,200 ally® residential water meters and implementing the Sensus FlexNet® communication network to enhance operational efficiency.

The modernization will enable remote meter management, water pressure tracking, and water quality monitoring. The district, serving 24,000+ year-round residents, will utilize the Xylem Vue platform to integrate data from multiple sources into a single platform, improving emergency response capabilities during hurricane season. The project, supported by State of Florida funding, aims to maintain affordable rates while managing seasonal population fluctuations that double water usage during harvest season.

Xylem (NYSE: XYL) has acquired a majority stake in Idrica, a water data management and analytics leader. The partnership integrates Idrica's technology platform with Xylem's digital water solutions portfolio under Xylem Vue, offering utilities real-time insights to address water scarcity and aging infrastructure challenges.

The integration has already shown significant results: The City of Hot Springs, Arkansas reduced non-revenue water loss by nearly 50% using Xylem Vue's virtual district metering areas. In Monterrey, Mexico, SADM achieved overall water savings of 17% (up to 37% in key pipeline sections) by implementing smart monitoring and management of water pressure, flow, and consumption through the platform.

The City of Hot Springs has achieved nearly 50% reduction in non-revenue water loss by implementing Xylem's digital solutions. The 143-year-old water system, challenged by aging infrastructure and rocky terrain, underwent modernization through advanced metering infrastructure (AMI) using Sensus iPERL meters and the FlexNet communication network. The technology upgrade enabled real-time leak detection, helping identify and fix significant water losses, including a four-million-gallon leak and a fire hydrant leaking 2,000 gallons per hour. The city further enhanced monitoring through virtual district metering areas with Xylem Vue, allowing precise identification of high water loss zones.