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 Inc. (NYSE: XYL) has announced an agreement to acquire Evoqua (NYSE: AQUA) in an all-stock deal valued at approximately
Xylem Inc. (NYSE: XYL) will announce its fourth quarter 2022 financial results on February 7, 2023, at 6:55 a.m. ET. A conference call for investors will follow at 9:00 a.m. ET. The call can be accessed by dialing +1 (800) 225-9448 (US) or +1 (203) 518-9708 (Intl), using ID # XYLQ422. A replay will be available until February 14, 2023. Xylem, a global leader in water technology, reported a revenue of $5.2 billion in 2021, focusing on addressing critical water challenges worldwide.
Xylem Inc. has announced the appointment of Matthew Pine as Chief Operating Officer, effective January 1, 2023. Pine will focus on enhancing operational excellence and driving cost leadership across the company's global segments. With over 25 years of experience, including senior roles in Xylem since 2020, Pine will work closely with CEO Patrick Decker to ensure above-market revenue growth. Xylem aims to optimize water solutions globally while maintaining a commitment to innovation and sustainability.
Xylem, in collaboration with Manchester City Football Club, has launched the Water Heroes Academy for a second year, inviting fans to vote for innovative water and football projects led by young leaders in five global cities: Buenos Aires, Cape Coast, Kuala Lumpur, Melbourne, and Mexico City. The voting period runs from November 22 to December 5. Each project aims to address local water challenges through education and community initiatives. The winning project will provide young leaders a trip to Etihad Stadium for further training and mentorship.
Xylem highlights youth-led initiatives addressing global water challenges at World Water Week 2022 in Stockholm. Notable achievements include Annabelle Rayson’s Stockholm Junior Water Prize for tackling harmful algae blooms and Team WatApp’s victory in the Xylem Water Challenge. Their innovative projects aim to enhance water accessibility through technology. The Xylem Ignite Innovation Challenge engaged over 800 students to foster solutions for real-world issues. Xylem continues its partnership with Manchester City Football Club to expand water education initiatives, aiming to impact 20,000 young people globally.
Xylem Inc. (NYSE: XYL) has declared a fourth quarter dividend of $0.30 per share, payable on December 20, 2022. Shareholders of record as of November 22, 2022 will receive this dividend. In 2021, Xylem reported revenues of $5.2 billion, demonstrating its commitment to addressing global water and infrastructure challenges through innovation. The company serves over 150 countries, promoting sustainable water management and resource optimization.
Xylem Inc. (NYSE: XYL) has announced the redemption of its €500 million 2.250% Senior Notes due December 12, 2023. The redemption price will be the greater of 100% of the principal or the present value of remaining scheduled payments plus accrued interest. This strategic move highlights Xylem's commitment to managing its debt effectively. With a revenue of $5.2 billion in 2021, Xylem continues to position itself as a leader in global water technology, aiming to address significant water challenges worldwide.
Xylem Inc. (NYSE: XYL) reported a third quarter revenue of $1.4 billion, surpassing guidance with a 9% growth on a reported basis and 16% organically. Adjusted EPS reached $0.79, exceeding previous forecasts, while net income was $12 million. The company raised its full-year organic revenue growth guidance to 9-10% and adjusted EPS guidance to $2.65-$2.75. Despite a 7% decline in orders reported, demand remains strong with significant backlog growth. The Water Infrastructure and Applied Water segments saw solid revenue increases.
Xylem (NYSE: XYL) highlights the potential for water utilities to decarbonize using existing technologies. More than 80 utilities have set net-zero targets, showcasing strategies to optimize operations and cut greenhouse gas emissions. A medium-sized utility could offset emissions equivalent to 150 transatlantic flights annually. Successful examples include South Bend, Indiana, which saved $500 million and reduced infrastructure carbon impacts, and EWE WASSER GmbH in Germany, which cut energy use by 30%. Xylem's efforts were recognized as a 'Net Zero Carbon Champion' at the 2022 Global Water Awards.
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