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 has partnered with Esri to enhance the City of Raleigh Public Utilities Department’s capabilities in managing its extensive pipe network. Utilizing advanced risk analytics and Esri's location intelligence, Raleigh Water successfully reduced planning time for water main replacements by 75%, enabling targeted maintenance while minimizing unnecessary costs and water loss. This collaboration identifies key at-risk pipeline segments, supporting a city-wide initiative to enhance infrastructure project equity.
The City of South Bend, Indiana, has updated its long-term sewer plan, endorsed by the EPA and DoJ, utilizing Xylem's smart sewer technology. This innovative approach will reduce capital expenditure by 60%, saving the city $400 million compared to initial estimates of $713 million. The revised plan features over 165 sensors and automated systems to manage wastewater efficiently, significantly cutting combined sewer overflow by approximately 1 billion gallons per year and E. coli by over 50%. Additionally, the city will benefit from $1.5 million annually in reduced operational costs.
Xylem, a global leader in water technology, announced that President and CEO Patrick Decker, along with Investor Relations VP Matt Latino, will participate in two investor conferences. The first event is a virtual fireside chat at the RBC Capital Markets Global Industrials Conference on September 10 at 8:40 AM EDT. The second discussion will take place at the Morgan Stanley Laguna Conference on September 15 at 3:45 PM EDT. Recordings of both sessions will be available on Xylem's investor website.
Xylem, Inc. (NYSE: XYL) announced its 2021 Investor Day will take place virtually on September 30 at 8:30 AM Eastern time due to COVID-19 health guidelines. The live webcast will include a Q&A session with the senior leadership team. Investors can register in advance by contacting the Xylem Investor Relations team. Founded to tackle critical water challenges, Xylem generated $4.88 billion in revenue in 2020 and operates in over 150 countries, focusing on sustainable water management solutions.
Xylem (NYSE:XYL), a global water technology company, is expanding its investment in youth innovation to address water challenges. The initiative includes over 60 events in 2021, building on its 25-year sponsorship of the Stockholm Junior Water Prize. This year’s winner will be announced on August 24 during World Water Week, involving students from 40 countries. Xylem Ignite, a student development program, has engaged over 6,600 students through water-related hackathons. The company collaborates with City Football Group and runs the Xylem Watermark program to promote water education globally.
Xylem, a global leader in water technology, will host its 2021 Investor Day on September 30 at 8:30 am ET. Key executives, including CEO Patrick Decker, will discuss sustainable growth strategies and long-term financial targets. The hybrid event will feature presentations on innovation and the digital transformation of the water sector, with a live Q&A session. Registration is available through the Xylem Investor Relations team. A recording will be posted on the company's website after the event. Xylem reported $4.88 billion in revenue for 2020.
Xylem Inc. (NYSE: XYL) has declared a third quarter dividend of $0.28 per share, scheduled for payment on September 23, 2021. Shareholders of record as of August 26, 2021 will receive this dividend. Xylem, a global leader in water technology, reported $4.88 billion in revenue for 2020 and aims to address critical water challenges while promoting sustainability in over 150 countries.
Xylem Inc. (NYSE: XYL) reported second quarter 2021 revenue of $1.35 billion, reflecting a 16% increase. Adjusted EBITDA margin rose 200 basis points to 17.3%. Net income stood at $113 million or $0.62 per share. The company raised its full-year organic revenue growth guidance to 6-8% and adjusted EPS expectation to $2.55-$2.70. Strong demand across all segments, driven by productivity and recovery from COVID, sustained momentum. Xylem also advanced sustainability goals, linking business strategies to environmental initiatives.
Xylem (NYSE:XYL) has launched the innovative Leopold Texler lamella clarifier, designed to enhance solids removal in water treatment processes. This groundbreaking product uses a recyclable, hydrophobic geotextile made from high-density polyethylene (HDPE), reducing service needs while eliminating over 80% of solids. Unlike traditional stainless steel clarifiers, the Texler system offers a cost-effective retrofit option, increasing treatment capacity by up to 100% and cutting CO2 production by approximately 80%. The clarifier's UV cover prevents algae growth, ensuring longevity and improved maintenance efficiency.
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