As a leader in advanced technologies transforming the water industry, Xylem will also provide the latest information on its digital strategy. The company will announce the establishment of Xylem Vue, a market-leading digital ecosystem that brings together Xylem's advanced hardware and software technology and service capabilities.
"As the long-term trend driving the water challenge accelerates, the potential demand for sustainable and affordable water solutions is strong and growing," Decker said. "Xylem is a leader in water technology and has a global installed base in an attractive and growing market. With the digitalization of the water industry, we hope to continue to achieve higher levels by helping our customers climb the technology curve. Organic growth of the market and improved profit margins."
"With sustainability at the core of our strategy, our growth creates economic and social value because we enable customers to create better water use outcomes for their communities. In addition to growth, we expect to continue to provide strong free cash flow Transformation provides the ability to deploy important capital to support sustained returns in the next few years. This includes the use of mergers and acquisitions to enhance our ability to serve customers, accelerate our growth, and create value for shareholders."
Long-term financial framework Xylem's long-term financial framework expects an annual organic revenue growth rate of 4% to 6%, and adjusted EBITDA margins will increase by an average of 50-75 basis points per year. The company also maintains its commitment to an average annual free cash flow conversion rate of 100%.
Looking ahead to 2021, potential demand will continue to be strong, and orders and backlogs will grow higher than expected, but the global supply chain environment has become increasingly unstable, including escalating electronic component shortages. The company currently estimates that the adverse revenue impact for the second half of the year is approximately US$100 million. Xylem will announce its third-quarter earnings on November 2, 2021, and is expected to provide the latest full-year outlook at that time.
Pentair plc and the Pentair Foundation announced 23 consecutive years of donations to strengthen communities around the world, increase access to quality education, and provide safer and cleaner water to people in developing countries.
British Water’s unique “Women on Water” movement continues to gain momentum, updating its successful mentoring plan and announcing face-to-face social receptions.
Grundfos announced that it has been selected by Royal HaskoningDHV as the "preferred supplier" for its award-winning Nereda wastewater treatment technology. This formal agreement will make Grundfos the preferred supplier of Royal HaskoningDHV's Nereda wastewater technology product pumping solutions.
Within the framework of the developPPP subsidy program, Wilo and GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit) are cooperating to promote and develop renewable energy in Uzbekistan. As one of the global manufacturers of pumps and pump systems, Wilo is contributing its technical expertise and supporting education and knowledge transfer among political and agricultural players in the region.
As the public, media, and governments put pressure on the water industry around the world to reduce emissions and pollution, innovation is urgently needed to solve the multifaceted and intertwined challenges related to water.
Watson-Marlow is pleased to announce the groundbreaking of its new state-of-the-art manufacturing facility in Devens, Massachusetts. The celebration ceremony was held on Thursday, November 18th at 16 Bulge Road in Devens, Massachusetts. The new plant will be dedicated to the production of a series of Watson-Marlow's industry-leading products, including peristaltic pumps, piping, fluid path solutions and BioPure components.
impeller.net-notice. choose. purchase.
International information and sales platform for centrifugal pumps.