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 Corporation (NYSE: ZWS) announced that Emma McTague has joined its board of directors effective March 15. McTague, previously at Oshkosh Corporation, brings extensive human resources expertise, focusing on employee engagement and wellbeing. Her appointment follows the upcoming retirement of John Stroup in May 2023, shifting the board composition to ten directors, with nine being independent and three women. The company emphasizes McTague's alignment with its mission of clean and safe water management, highlighting her potential contributions to board discussions.
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) reported strong financial results for Q4 2022, with net sales up 46% to $340 million. The increase was primarily driven by acquisitions. Net income rose to $10 million from $3 million, yielding a diluted EPS of $0.06. Despite a 3% decline in core sales due to reduced residential demand, adjusted EBITDA increased to $65 million, representing 19% of net sales. The company announced a $500 million share repurchase plan amid expectations of $1.5 billion to $1.55 billion in total sales for 2023. Strong demand in non-residential markets and declining commodity costs are expected to bolster margins moving forward.
Zurn Elkay Water Solutions Corporation (NYSE: ZWS) has declared a quarterly dividend of $0.07 per share, to be paid on March 7, 2023, to shareholders on record as of February 21, 2023. This dividend reflects the company's ongoing commitment to returning value to its stakeholders while maintaining its focus on sustainable water solutions. Based in Milwaukee, Wisconsin, Zurn Elkay provides a diverse range of water-related products aimed at enhancing health and safety.
Zurn Elkay Water Solutions Corporation (NYSE: ZWS) will host a conference call on February 8, 2023, at 7:30 a.m. Central Time to discuss its fourth quarter 2022 financial results and provide a business update. The earnings release will be available after market close on February 7, 2023. Interested participants can access the call via domestic toll-free at 888-510-2359 or internationally at 646-960-0215. A replay will be available until February 15, 2023. Based in Milwaukee, Wisconsin, Zurn Elkay specializes in sustainable water solutions for various applications.
Zurn Elkay Water Solutions Corporation (NYSE: ZWS) will participate in the Baird 2022 Global Industrial Conference on November 9, 2022. Headquartered in Milwaukee, Wisconsin, Zurn Elkay focuses on sustainable water solutions that enhance health and safety. Their extensive product line includes water control, distribution, drainage, and other plumbing solutions for various public and private spaces. The company emphasizes a commitment to sustainability and growth in the water sector. For more information, visit www.zurn-elkay.com.
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) reported third-quarter 2022 results, showing a significant 82% increase in net sales to $418 million from $230 million year-over-year. The net loss from continuing operations was $(19) million (diluted EPS of $(0.11)), compared to income of $16 million (diluted EPS of $0.13) last year. Adjusted EPS rose to $0.26 from $0.19. EBITDA was $84 million (20.0% of net sales), and net debt leverage stood at 1.6x. Looking ahead, the company expects sales in Q4 between $350 million and $365 million, anticipating challenges in the residential sector.
Zurn Elkay Water Solutions Corporation (NYSE: ZWS) has declared a quarterly common stock dividend of $0.07 per share. This dividend is payable on December 7, 2022, to stockholders of record as of November 18, 2022. The company focuses on sustainable water solutions, emphasizing health, hydration, and safety. Zurn Elkay is headquartered in Milwaukee, Wisconsin, and aims to provide a wide range of products for water management in both public and private spaces.
Zurn Elkay Water Solutions Corporation (NYSE: ZWS) will hold a conference call on October 26, 2022 at 7:30 a.m. CT to discuss its third quarter 2022 financial results and answer investor questions. The earnings release for the quarter ending September 30, 2022 will be published after market close on October 25, 2022. Interested parties can join via phone or access the live webcast on the company's investor relations website. A replay will be available until November 2, 2022.
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