Welcome to our dedicated page for Zurn Elkay Water Solutions news (Ticker: ZWS), a resource for investors and traders seeking the latest updates and insights on Zurn Elkay Water Solutions stock.
Overview
Zurn Elkay Water Solutions Corp (symbol: ZWS) is a comprehensive provider of clean water solutions, specializing in drinking water, hygiene, and sustainable water management systems. Leveraging advanced engineering and production capabilities, the company delivers an ecosystem of products that are integral to maintaining human health, safety, and environmental sustainability. With an emphasis on professional-grade water control, sustainable water management, and infection prevention, ZWS ensures that the infrastructure for water distribution and control meets rigorous industry standards, making it a key entity within the water solutions market.
Mission and Core Business
Zurn Elkay Water Solutions is dedicated to designing, procuring, manufacturing, and marketing a comprehensive range of clean water solutions that serve both public and private sectors. The company prioritizes the health and safety of its communities by offering products that facilitate optimal water distribution, drainage, and control. Through a commitment to sustainability, the company not only addresses everyday water management challenges but also fosters long-term environmental stewardship by conserving resources and enhancing human safety.
Product Portfolio and Technological Innovation
At the heart of ZWS’s business is an extensive portfolio of water management products. The company’s offerings include:
- Water Control and Safety Systems: Engineered to manage water flow and ensure health safety in ecclesiastical, institutional, and commercial applications.
- Water Distribution and Drainage Solutions: Designed to facilitate the efficient routing, draining, and distribution of water in varied infrastructural settings.
- Finish Plumbing and Hygienic Solutions: Tailored for environments that demand meticulous standards in drinking water quality and hygiene.
- Environmental and Site Work Products: Engineered components that integrate seamlessly into both public facilities and private developments, supporting a holistic approach to water and waste management.
This diversified product array is developed using innovative technologies that are crucial in today’s complex regulatory and environmental landscape, emphasizing both accuracy and durability in water management solutions.
Market Position and Competitive Landscape
Operating in a competitive industry, Zurn Elkay Water Solutions stands out through its meticulous integration of sustainable practices with technical expertise. Rather than focusing solely on volume, the company addresses a broad spectrum of client needs by providing customized systems that respond to distinct safety, hygiene, and performance requirements. This ability to offer tailored water solutions establishes ZWS as an essential partner for communities, institutions, and commercial centers aiming to enhance operational capability without compromising on environmental responsibility.
Commitment to Quality, Safety, and Sustainability
ZWS is firmly grounded in the principle that water sustains every dimension of human activity, and its products are developed with a commitment to quality and safety. The company places a high premium on resource conservation and environmental stewardship, ensuring its manufacturing processes and product designs contribute to a more sustainable future. This commitment is evidenced by a robust quality control system and a product development strategy that continuously adapts to evolving industry standards and regulatory requirements.
Customer Segments and Applications
Serving a global and diverse clientele, Zurn Elkay Water Solutions caters to a wide array of applications across both public and private sectors. Its markets include:
- Institutional and healthcare facilities, where stringent hygiene and safety standards are critical.
- Commercial and industrial setups that require robust water distribution and drainage systems.
- Residential developments, ensuring that quality drinking water and reliable plumbing solutions are accessible in private spaces.
- Municipal projects, where integrated water management solutions support the broader community infrastructure.
By addressing the unique challenges inherent to each segment, the company maintains a versatile yet focused approach, ensuring that every component of its technical offering is optimized for performance and longevity.
Operational Excellence and Industry Expertise
Zurn Elkay Water Solutions leverages decades of industry experience to ensure that every product meets high technical and operational standards. The company’s strategy revolves around continuous innovation, efficient manufacturing processes, and meticulous quality assurance protocols. This operational rigor not only reinforces its market position but also highlights its expertise in addressing complex water management challenges. Detailed process documentation and advanced engineering reflect the company’s commitment to delivering products that are both reliable and effective, further solidifying its reputation for technical excellence.
Integration in the Sustainable Ecosystem
The company’s approach to water solutions is deeply intertwined with a commitment to sustainability. Recognizing that water is essential to human life and the environment, ZWS has developed an eco-conscious product range that supports conservation efforts while optimizing the system performance. Products and systems are designed to reduce wastage, enhance efficiency, and integrate seamlessly with broader water conservation strategies. This sustainable ethos not only benefits end users but also contributes to the long-term environmental goals vital for community resilience and infrastructural integrity.
Industry Dynamics and Strategic Value
In an era of heightened emphasis on environmental safety and public health, Zurn Elkay Water Solutions occupies a crucial role in an interconnected industry landscape. Its strategy of combining technological innovation with sustainable practices addresses critical industry challenges, such as water scarcity, regulatory compliance, and infrastructural modernization. By delivering products that are effective, reliable, and adaptable, the company continually reinforces its value proposition and its strategic relevance in public safety and water resource management. Through dedicated research and product development, ZWS not only sets industry benchmarks but also provides an invaluable asset to communities and industries that depend on sustainable water management solutions.
Conclusion
Overall, Zurn Elkay Water Solutions Corp stands as a significant entity within the water solutions industry. Its comprehensive suite of products, commitment to sustainability, and rigorous operational standards make it a foundational partner for a wide spectrum of infrastructural applications. With proven expertise in designing and executing clean water systems, the company continues to provide essential water management solutions that prioritize human safety, resource conservation, and environmental stability.
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.
Zurn Elkay Water Solutions (NYSE: ZWS) has announced a quarterly cash dividend of $0.08 per share. The dividend will be paid on September 6, 2024 to stockholders of record as of August 20, 2024. Zurn Elkay, headquartered in Milwaukee, WI, is a growth-oriented, pure-play water management business that has been named one of America's Most Responsible Companies 2024 by Newsweek for the fourth consecutive year. The company designs, procures, manufactures, and markets a broad portfolio of sustainable water management solutions, including professional grade water safety and control products, flow systems products, hygienic and environmental products, and filtered drinking water products for public and private spaces.
Zurn Elkay Water Solutions (NYSE: ZWS) has announced its upcoming second quarter 2024 earnings release and investor conference call. The company will release its financial results for the quarter ended June 30, 2024, after market close on Tuesday, July 30, 2024. The investor conference call and webcast are scheduled for Wednesday, July 31, 2024, at 7:30 a.m. Central Time.
Chairman and CEO Todd Adams and CFO Dave Pauli will co-host the call, providing a general business update and addressing investor questions. Investors can access the call via domestic toll-free number (800-715-9871) or international toll number (646-307-1963) using the access code 6071902. A live webcast will also be available on the company's investor relations website.
Zurn Elkay Water Solutions (NYSE: ZWS) has promoted Dave Pauli to Chief Financial Officer, while Mark Peterson transitions to Chief Administrative Officer. Pauli, who joined the company in 2012, will now oversee all financial operations, including planning, analysis, treasury, reporting, tax, internal audit, and investor relations. Peterson, the former CFO since 2011, will manage human resources, enterprise risk, real estate, facilities management, and environmental health and safety. CEO Todd A. Adams cited the leadership and succession planning as key factors for a smooth transition. The company also hinted that its second-quarter results are in-line or slightly ahead of expectations, with detailed reporting scheduled for July 31, 2024.
Zurn Elkay Water Solutions (NYSE: ZWS) has declared a quarterly cash dividend of $0.08 per share, payable on June 7, 2024, to stockholders of record as of May 20, 2024.
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