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Xylem Inc - XYL STOCK NEWS

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.

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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.

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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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Xylem (NYSE: XYL) has updated the timing for its second quarter earnings conference call. The company will announce its Q2 2021 results on August 3, 2021, at 6:55 a.m. (EDT). Following this, the senior management will host a conference call at 11:00 a.m. (EDT) to discuss the results with investors. Replay access will be available through telephone and online until September 1, 2021.

In 2020, Xylem generated revenue of $4.88 billion, focusing on innovative water technology solutions globally.

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Xylem Inc. (NYSE: XYL), a global leader in water technology, will announce its second quarter 2021 results on August 3, 2021, at 6:55 a.m. ET. A conference call for investors will follow at 10:00 a.m. ET, accessible by phone or through their investor events webpage. Xylem reported $4.88 billion in revenue for 2020, showcasing their commitment to solving critical water challenges and enhancing resource management. With a workforce of over 16,000, the company operates in over 150 countries, promoting sustainability and water security worldwide.

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The Guardiola Sala Foundation, in collaboration with EarthEcho International and Xylem Inc. (NYSE: XYL), has launched the Water Challenge Catalonia initiative. Aimed at engaging youth in sustainable water practices, the initiative addresses Spain's urgent water scarcity, projected to decline by 40% by the century's end. Pep Guardiola emphasized the necessity for action against water issues during the inaugural event in Barcelona. The program will train teachers and empower ten young leaders to act as ambassadors for clean water education, directly aligning with UN water-related Sustainable Development Goals.

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Xylem (NYSE:XYL) has launched the Flygt Biboα, a new dewatering pump that offers up to 60% energy savings and 70% reduction in wear and tear compared to traditional models. Designed with built-in intelligence, this pump adapts to environmental conditions and reduces maintenance costs by up to 50%. Field tests at Renström mine showed a 40% reduction in product and repair costs, with New Boliden ordering additional units. Flygt Biboα is poised for global launch later this year, following initial availability in select European countries.

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Xylem Watermark, in collaboration with Americares, aims to improve access to clean water and sanitation for 1 million people in 2021, building on prior success that reached 3.5 million during the pandemic. They will provide WASH infrastructure repairs and education in six countries, including India and Bangladesh, to help communities facing COVID-19 spikes. Notably, in Mumbai, the initiative will support healthcare facilities for 70,000 people in low-income areas. The program reflects a commitment to water security in impoverished regions while integrating health support to mitigate infection risks.

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Xylem (NYSE:XYL) has made significant strides in sustainability, as highlighted in its 2020 report. The company facilitated the re-use of over one trillion gallons of water and prevented 369 billion gallons of polluted water from flooding communities. Notably, they raised $1 billion in green bonds, reduced water use intensity by 30%, and cut greenhouse gas emissions by over 7%. Xylem aims to transition its fleet to electric vehicles, targeting a 45% reduction in emissions. These efforts underscore their commitment to addressing water scarcity and environmental protection by 2025.

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The Board of Directors of Xylem has announced a second quarter dividend of $0.28 per share, payable on June 24, 2021, to shareholders on record as of May 27, 2021. In 2020, Xylem generated $4.88 billion in revenue, demonstrating its commitment to solving critical water and infrastructure challenges across over 150 countries. With a workforce exceeding 16,000 employees, Xylem is focused on sustainability and innovation in water resource management.

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Xylem Inc (NYSE: XYL) has partnered with FortisBC Energy Inc to implement a Sensus advanced gas meter network in British Columbia. This initiative aims to modernize FortisBC's metering infrastructure, benefiting over one million natural gas customers. With a planned deployment of approximately one million Sonix IQ gas meters, the project will enhance safety features and operational resilience. The 20-year agreement includes Managed Services and Software as a Service solutions, aiming to begin deployment in 2023, pending regulatory approval.

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FAQ

What is the current stock price of Xylem (XYL)?

The current stock price of Xylem (XYL) is $117.51 as of December 23, 2024.

What is the market cap of Xylem (XYL)?

The market cap of Xylem (XYL) is approximately 28.4B.

What is Xylem Inc.?

Xylem Inc. is a global water technology company that provides solutions for water transport, treatment, testing, and efficient use in various sectors.

Where is Xylem Inc. headquartered?

Xylem Inc. is headquartered in Rye Brook, New York.

In how many countries does Xylem operate?

Xylem operates in more than 150 countries worldwide.

What sectors does Xylem serve?

Xylem serves public utilities, residential and commercial building services, industrial, and agricultural sectors.

How much revenue did Xylem generate in 2023?

Xylem generated $7.4 billion in revenue in 2023.

How many employees does Xylem have?

As of 2023, Xylem employs approximately 16,200 people.

What recognition has Xylem received for its sustainability efforts?

Xylem has been named to the Dow Jones Sustainability Index multiple times for its sustainable business practices.

When was Xylem spun off from ITT?

Xylem was spun off from ITT in 2011.

What are some of Xylem's recent achievements?

Recent achievements include advancements in smart water infrastructure, partnerships with environmental organizations, and significant investments in R&D.

What is the focus of Xylem's ongoing projects?

Xylem's ongoing projects focus on enhancing water accessibility, quality, and efficiency across various regions.

Xylem Inc

NYSE:XYL

XYL Rankings

XYL Stock Data

28.44B
241.29M
0.65%
93.99%
0.95%
Specialty Industrial Machinery
Pumps & Pumping Equipment
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United States of America
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