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Zurn Elkay Water Solutions Corporation (ZWS) is an industry leader in providing high-quality water solutions that prioritize health, human safety, and environmental sustainability. The company designs, procures, manufactures, and markets a comprehensive range of clean water solutions aimed at drinking water, hygiene, and sustainable water management.
With a robust portfolio, Zurn Elkay offers professional-grade water control and safety, water distribution and drainage, drinking water, finish plumbing, and hygienic products. These products are engineered for both public and private spaces, ensuring reliability and efficiency in managing water resources.
The company continually works on innovative projects that contribute to environmental sustainability. Recent achievements include the launch of new eco-friendly products designed to conserve resources and optimize customer outcomes. Their commitment to sustainability is encapsulated in their motto, "#sustainablyinspired".
Financially, Zurn Elkay Water Solutions Corporation is stable, with consistent revenue growth driven by strategic partnerships and an expanding product line. Their ecosystem of products and systems is central to their mission of protecting human health and conserving resources.
For investors and stakeholders, Zurn Elkay remains a compelling prospect due to its unwavering focus on sustainability, innovation, and quality. The company's proactive approach to addressing global water challenges positions it as a significant player in the market, promoting both environmental stewardship and economic growth.
Zurn Elkay Water Solutions (NYSE:ZWS) reported strong Q4 2024 results with net sales of $371 million, up 4% in core sales from the previous year. Q4 net income from continuing operations reached $36 million with diluted EPS of $0.21, compared to $14 million and $0.08 EPS in Q4 2023.
For full-year 2024, the company achieved net sales of $1,567 million, a 2% increase from 2023, with net income from continuing operations of $159 million. Notable achievements include record free cash flow of $272 million, completion of $150 million in stock repurchases, and dividend payments of $57 million.
Looking ahead to 2025, ZWS expects low single-digit core sales growth in Q1, with adjusted EBITDA margin between 24.5% and 25.0%. Full-year 2025 guidance includes core sales growth similar to 2024, adjusted EBITDA of $405-420 million, and projected free cash flow of approximately $290 million.
Alternus Clean Energy (NASDAQ: ALCE) has announced its participation in The Microcap Conference 2025, scheduled for January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ. Vice Chairman John Thomas will represent the company, engaging in one-on-one meetings with institutional and individual investors.
The company plans to discuss several recent developments, including:
- Securing full permitting for the first of eleven Italian solar projects
- Completing the LiiON acquisition in the battery storage segment
- Signing binding terms for a microgrid joint venture with Hover Energy
As a global renewable energy solutions provider, Alternus positions itself to capitalize on increasing global power demand, particularly driven by AI and data centers. The company views the conference as an opportunity to showcase its growth strategy and investment potential to the investment community.
Zurn Elkay Water Solutions (NYSE: ZWS) has scheduled its fourth quarter and full year 2024 earnings release and investor conference call. The earnings release will be published after market close on Tuesday, February 4, 2025. The company will host a conference call and webcast on Wednesday, February 5, 2025, at 7:30 a.m. Central Time.
Chairman and CEO Todd Adams and CFO Dave Pauli will co-host the event, which will include a discussion of Q4 financial results, a general business update, and an investor Q&A session. The call will be accessible via domestic toll-free (800-715-9871) and international toll numbers (646-307-1963) using access code 6071902. A live webcast will be available on the company's investor relations website, with replay access provided afterward.
Zurn Elkay Water Solutions (NYSE: ZWS) has achieved significant recognition in Newsweek's 2025 List of America's Most Responsible Companies, ranking No. 28 out of 600 companies. The company secured top positions as No. 1 in both Wisconsin and the Capital Goods sector, marking its fifth consecutive year on the list.
The ranking evaluates companies based on three key sustainability pillars: environment, social, and corporate governance. The assessment incorporates over 30 key performance indicators and public perception of corporate social responsibility through extensive U.S. resident surveys.
As a leader in water management solutions, Zurn Elkay focuses on providing cleaner, safer water, prioritizing people and communities, supporting customer sustainability goals through water conservation, and maintaining internal sustainability practices.
Zurn Elkay Water Solutions (NYSE: ZWS) has achieved significant recognition on TIME and Statista's World's Best Companies for Sustainable Growth 2025 list. The company secured the No. 31 position among 500 companies globally and ranked No. 10 among U.S. companies. This recognition highlights their commitment to combining strong financial performance with sustainable environmental practices.
The ranking evaluation was based on three key criteria: revenue growth, financial stability indicators, and environmental data. Chairman and CEO Todd A. Adams emphasized the company's holistic approach to addressing environmental challenges through their water-focused products and solutions.
Zurn Elkay Water Solutions (NYSE:ZWS) reported strong Q3 2024 results with net sales of $410 million, up from $398 million year-over-year, showing 3% core sales growth. The company achieved net income of $44 million with diluted EPS of $0.25, improving from $35 million and $0.20 EPS in the previous year. Adjusted EBITDA reached $105 million (25.6% of net sales), up from $96 million (24.1%) last year. The company increased its quarterly dividend by 13% to $0.09 per share and repurchased 1.6 million shares for $50 million. For Q4, ZWS expects low single-digit core sales growth with adjusted EBITDA between $88-90 million.
Zurn Elkay Water Solutions (NYSE: ZWS) has announced a 12.5% increase in its quarterly dividend, raising it from $0.08 to $0.09 per share. The dividend will be paid in cash on December 6, 2024, to stockholders of record as of November 20, 2024. The company, headquartered in Milwaukee, WI, is recognized as one of America's Greenest Companies and Most Responsible Companies by Newsweek, specializing in sustainable water management solutions including water safety, flow systems, and filtered drinking water products.
Zurn Elkay Water Solutions (NYSE: ZWS) has announced its upcoming third quarter 2024 earnings release and investor conference call. The company will release its financial results for the quarter ended September 30, 2024, after market close on Tuesday, October 29, 2024. Todd Adams, Chairman and CEO, and Dave Pauli, CFO, will co-host a conference call and webcast on Wednesday, October 30, 2024, at 7:30 a.m. Central Time.
The call will provide a general business update and address investor questions. Investors can access the call via domestic toll-free number (800-715-9871), international toll number (646-307-1963), or through a live webcast on the company's investor relations website. A replay of the call will be available as a webcast on the same website for those unable to participate during the live teleconference.
Zurn Elkay Water Solutions (NYSE: ZWS) has been recognized as one of America's Greenest Companies 2025 by Newsweek and Plant-A Insights Group. This prestigious ranking showcases the top 500 U.S.-based companies making a positive environmental impact and setting industry standards for eco-conscious practices.
Todd A. Adams, Chairman and CEO, emphasized the company's commitment to sustainability, stating that their business strategy and sustainability efforts are increasingly aligned. The recognition highlights Zurn Elkay's focus on:
- Providing cleaner, safer drinking water
- Prioritizing people, values, and communities
- Helping customers meet sustainability goals through water conservation and management
- Implementing sustainable practices within the company
The ranking was based on comprehensive analysis of public data, evaluating companies on over 25 parameters related to GHG emissions, water usage, waste generation, and sustainability commitments.
Zurn Elkay Water Solutions (NYSE:ZWS) reported strong second quarter 2024 financial results. Key highlights include:
- Net sales increased to $412 million, up 2% from $403 million in Q2 2023
- Net income from continuing operations rose to $45 million (EPS of $0.26), compared to $33 million (EPS of $0.19) last year
- Adjusted EPS improved to $0.33 from $0.24 year-over-year
- Adjusted EBITDA grew 20% to $104 million (25.3% of net sales) from $87 million (21.6% of net sales)
- Net debt leverage reduced to 0.9x
- Repurchased 1.9 million shares for $61 million
The company raised its full-year adjusted EBITDA margin expansion guidance to 200-250 basis points and expects free cash flow to exceed $250 million.
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