Watts Water Technologies, Inc. Provides Earnings Guidance for the Year 2021
November 03, 2021 at 04:30 pm EDT
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Watts Water Technologies, Inc. provided earnings guidance for the year 2021. For the year, the company expects reported net sales growth in the range of 16.8% to 19.8%, Organic sales growth in the range of 14.0% to 17.0%.
Watts Water Technologies, Inc. is a supplier of products, solutions and systems that manage and conserve the flow of fluids and energy into, through and out of buildings. The Companyâs product lines include residential and commercial flow control products, such as backflow preventers, water pressure regulators, temperature and pressure relief valves, and leak detection products; heating, ventilation and air conditioning and gas products, which include water heaters and heating solutions, hydronic and electric heating systems for under-floor radiant applications, custom heat and hot water solutions and hydronic pump groups; drainage and water re-use products, which includes drainage and engineered rainwater harvesting solutions for commercial, industrial, marine and residential applications, and water quality products, such as point-of-use and point-of-entry water filtration and scale prevention systems. The Company also offers commercial washroom and emergency safety products.