Welcome to our dedicated page for Xylem news (Ticker: XYL), a resource for investors and traders seeking the latest updates and insights on Xylem stock.
Xylem Inc. (NYSE: XYL) is a premier global water technology provider with a mission to create innovative solutions for the world’s most challenging water and wastewater problems. Headquartered in Rye Brook, New York, Xylem operates in more than 150 countries and offers a diverse range of products and services that cater to public utilities, residential and commercial building services, and industrial and agricultural sectors.
With roots tracing back to its spin-off from ITT in 2011, Xylem has quickly grown to become a leader in the water technology industry. As of 2023, the company generated $7.4 billion in revenue and employed approximately 16,200 people worldwide.
Xylem's product portfolio includes advanced transport systems, cutting-edge treatment solutions, precise testing equipment, and efficient water usage technologies. The company is renowned for its market-leading brands, each known for their innovation and efficacy. Xylem also boasts a strong commitment to sustainability, being named to the Dow Jones Sustainability Index multiple times for its sustainable business practices and solutions.
Recent achievements include significant advancements in smart water infrastructure, partnerships with leading environmental organizations, and investments in research and development to drive future growth. Xylem’s local solutions are designed to meet global needs, demonstrating its expertise and dedication to improving water systems globally.
In terms of financial health, Xylem has consistently shown robust revenue growth, reflecting its strong market position and the effectiveness of its strategic initiatives. The company's ongoing projects aim to enhance water accessibility, quality, and efficiency across various regions, further solidifying its role as a critical player in the water technology space.
Xylem Inc. continues to pioneer in the water technology sector through its innovative solutions and unwavering commitment to addressing the world’s water challenges. For investors and stakeholders, Xylem represents a blend of steady growth, sustainability, and technological innovation.
Stay updated with the latest news and developments from Xylem Inc. to understand how this industry leader is shaping the future of water technology.
Xylem recently concluded the second annual Xylem Ignite Global Student Innovation Challenge, rewarding over
Xylem (NYSE:XYL) is showcasing its digital water technology at the AWWA Annual Conference & Exposition (ACE22) in San Antonio, Texas, from June 12-15. The company aims to tackle critical water challenges through data-driven insights and innovative solutions. Key presentations include topics on pressure management, emergency preparedness, and the development of smart water utilities. Xylem's commitment to sustainable water management is underlined by their $5.2 billion revenue in 2021, as they continue to support global communities in achieving water security.
Manchester City has renewed its global partnership with water technology leader Xylem (NYSE:XYL), targeting to mobilize 100 million people to tackle water-related challenges. This partnership encompasses Manchester City’s men’s and women’s teams, New York City FC, and Mumbai City FC, with a shared mission to enhance water awareness and sustainability efforts. Over four years, they have reached over 1 billion people through educational initiatives. Xylem aims to support City Football Group's goal of becoming carbon neutral and water positive by 2030, enhancing efficiency in water management.
Xylem has released its annual Sustainability Report, highlighting significant progress in addressing global water challenges. In 2021, the company reduced its net greenhouse gas (GHG) emission intensity by 12% and achieved 100% renewable energy in over half of its major facilities. Notably, Xylem's technologies assisted customers in reusing more than 285 billion gallons of water and preventing over 500 billion gallons of polluted water from flooding communities. The company remains committed to achieving net-zero carbon emissions by 2050.
Xylem Inc. (NYSE: XYL) has announced a second quarter dividend of $0.30 per share, payable on June 23, 2022, to shareholders of record as of May 26, 2022. The company reported revenue of $5.2 billion in 2021, highlighting its position as a leading global water technology firm focused on addressing critical water and infrastructure challenges. Xylem operates in over 150 countries, enhancing water management sustainability.
Xylem reported a first quarter revenue of $1.3 billion, a 1% increase year-over-year, with organic growth reaching 14%. Adjusted earnings per share were $0.47, slightly above expectations. The company raised its full-year organic revenue guidance to 4% to 6% and adjusted EPS to $2.40 to $2.70, reflecting strong demand and commercial momentum. However, adjusted EBITDA margin decreased to 14.2%, impacted by inflation and chip shortages. Notable segment performance included $533 million in Water Infrastructure and $425 million in Applied Water.
Xylem Inc. (NYSE: XYL) has committed to invest $5 million in financial institutions that serve underserved communities, utilizing CNote's Impact Cash™ platform. The investments will target banks aligned with Xylem's commercial presence, enhancing economic opportunities. This initiative underlines Xylem's sustainability strategy, complementing previous efforts like an $800 million sustainability-linked credit facility and a $1 billion green bond offering. CFO Sandra Rowland emphasized the importance of aiding communities facing financial constraints.
Xylem (NYSE:XYL) has announced a total investment of
Xylem has launched Xylem Edge Control, a suite of digital solutions aimed at optimizing wastewater treatment processes. This innovation allows operators to potentially reduce energy consumption from aeration by up to 25%, enhancing nutrient removal while minimizing costs. The solutions employ real-time analytics to inform process adjustments, supporting utilities in meeting compliance targets and sustainability goals. It has been tested successfully in North America, including in Muncie, Indiana, showcasing significant operational savings.
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