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Fluidra unveils 2022 strategic plan
NEWS/FINANCIAL CALENDAR Water One, which combines Evoqua’s water expertise, service and technology with data intelligence, enables customers to outsource the operation and maintenance of their water treatment systems to the company. The service includes system optimisation, a predictive and proactive service, and simplified billing and pricing. “With a global demand for better quality and easily accessible water, our aim is to provide our customers the right solutions and expertise to best achieve their water treatment objectives. We are leading the way with an innovative, groundbreaking service that reinvents the way customers interact with their water treatment supplier,” said Evoqua CEO Ron Keating. “With the Water One platform, customers tell us the water quality and quantity they need – and we do the rest. We like to say, Water One – and done.” With Water One, Evoqua determines the right technology and economic solution to meet customers’ on-site water requirements and then designs, builds, installs and maintains the systems. The Water One service also uses real-time data analytics and remote monitoring capabilities to enhance Evoqua’s own predictive maintenance economics. The service is now available across the US for customers in the industrial and municipal markets. For further information, visit www.evoqua.com
Grundfos opens new facility in Florida
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rundfos has expanded its US footprint with a new facility in Florida to serve the water and wastewater industries in the region. Located in Deerfield Beach, the new facility will be a distribution hub for Grundfos water and wastewater pumps, controls, and related accessories, and offer service and testing to the area. “By placing a location in the heart of Florida, we will now provide inventory, personnel and local expertise to assist customers with all of their water and wastewater pumping, treatment, and control/monitoring challenges,” said Robert Montenegro, executive vice president of sales for Grundfos Water Utility. “We look forward to supporting businesses and municipalities with world-class Grundfos solutions.” Grundfos employs more than 1200 people in the US at operations, sales and
November 2018
service facilities in Illinois (North American headquarters), Kansas, Pennsylvania, California, Texas, Indiana and Alabama. For further information, visit www.grundfos.us
Fluidra unveils 2022 strategic plan
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luidra’s new strategic plan is targeting annual sales growth of 5–8%, revenues of E1.7 billion and EBITDA of more than E350 million in 2022. The Spanish company says that the 2022 strategic plan is designed to support its sustained growth in a E7.1 billion worldwide industry and strengthen its leadership position in the global market. “The opportunities in this industry are very exciting,” said Eloi Planes, executive chairman of Fluidra. “Pool and wellness markets continue to show positive dynamics and provide large aftermarket opportunities. With our new strategic plan we will grow and become a stronger company, generating value for our customers and shareholders.” Fluidra’s new plan has clear objectives for each market. For North America, Fluidra plans to accelerate its growth by 7% CAGR through 2022. Key components of the plan include product expansions, increased focus on the aftermarket, and continued growth in the number of connected pools (IotT). Fluidra is targeting sales growth of 5% CAGR to 2022 in Europe and the Southern Hemisphere. In emerging markets throughout Asia, Africa and South America, Fluidra says that it will work to increase its share by growing sales at a targeted 8% CAGR through 2022. Bruce Brooks, CEO of Fluidra, said: “Innovation will play an important part of Fluidra’s new strategic plan. We have more than 100 new products in the pipeline and a portfolio of over 1000 patents powered by a robust R&D program, which adds value for both customers and end-users.” The company also intends to resume dividend payments not later than 2020 with a 50% pay-out policy. Fluidra SA and US residential pool equipment manufacturer Zodiac Pool Solutions merged earlier this year (see Filtration Industry Analyst, July 2018). For further information, visit www.fluidra.com and www.zodiac.com
Financial Calendar 6 December 2018 Voith Publication of 2018 Annual Financial Figures 28 January 2019 Atlas Copco Preliminary 2018 Report Porvair Full Year 2018 Results 29 January 2019 Sartorius Preliminary FY 2018 Results 5 February 2019 Alfa Laval Q4 2018 Interim Report 14 February 2019 Ahlstrom-Munksjö 2018 Financial Statements 19 February 2019 Nederman Financial Statement 2018 5 March 2019 Evonik Q4 2018 and FY 2018 Report 6 March 2019 Andritz Results for the 2018 Business Year 14 March 2019 GEA Annual Report 2018 Lanxess FY 2019 Results 22 March 2019 Smiths FY2019 Interim Results 27 March 2019 Ahlstrom-Munkjsö’s Annual General Meeting, Helsinki, Finland Andritz Annual General Meeting 28 March 2019 Sartorius Annual Shareholders’ Meeting, Goettingen, Germany 17 April 2019 Nederman Interim Report January–March 2019 24 April 2019 Alfa Laval Q1 2019 Interim Report and Annual General Meeting 25 April 2019 Ahlstrom-Munksjö Interim Report January–March 2019 Atlas Copco Q1 2019 Report and Annual General Meeting 2019 26 April 2019 GEA Annual Shareholders’ Meeting for 2018 29 April 2019 Nederman Annual General Meeting, Helsingborg, Sweden 2 May 2019 Andritz Q1 2019 Results 7 May 2019 Evonik Q1 2019 Report 10 May 2019 GEA Q1 2019 Statement 14 May 2019 Lanxess Q1 2019 Results 23 May 2019 Lanxess Annual Stockholders’ Meeting, Cologne, Germany
Filtration Industry Analyst
5
Grundfos opens new facility in Florida
G
rundfos has expanded its US footprint with a new facility in Florida to serve the water and wastewater industries in the region. Located in Deerfield Beach, the new facility will be a distribution hub for Grundfos water and wastewater pumps, controls, and related accessories, and offer service and testing to the area. “By placing a location in the heart of Florida, we will now provide inventory, personnel and local expertise to assist customers with all of their water and wastewater pumping, treatment, and control/monitoring challenges,” said Robert Montenegro, executive vice president of sales for Grundfos Water Utility. “We look forward to supporting businesses and municipalities with world-class Grundfos solutions.” Grundfos employs more than 1200 people in the US at operations, sales and
November 2018
service facilities in Illinois (North American headquarters), Kansas, Pennsylvania, California, Texas, Indiana and Alabama. For further information, visit www.grundfos.us
Fluidra unveils 2022 strategic plan
F
luidra’s new strategic plan is targeting annual sales growth of 5–8%, revenues of E1.7 billion and EBITDA of more than E350 million in 2022. The Spanish company says that the 2022 strategic plan is designed to support its sustained growth in a E7.1 billion worldwide industry and strengthen its leadership position in the global market. “The opportunities in this industry are very exciting,” said Eloi Planes, executive chairman of Fluidra. “Pool and wellness markets continue to show positive dynamics and provide large aftermarket opportunities. With our new strategic plan we will grow and become a stronger company, generating value for our customers and shareholders.” Fluidra’s new plan has clear objectives for each market. For North America, Fluidra plans to accelerate its growth by 7% CAGR through 2022. Key components of the plan include product expansions, increased focus on the aftermarket, and continued growth in the number of connected pools (IotT). Fluidra is targeting sales growth of 5% CAGR to 2022 in Europe and the Southern Hemisphere. In emerging markets throughout Asia, Africa and South America, Fluidra says that it will work to increase its share by growing sales at a targeted 8% CAGR through 2022. Bruce Brooks, CEO of Fluidra, said: “Innovation will play an important part of Fluidra’s new strategic plan. We have more than 100 new products in the pipeline and a portfolio of over 1000 patents powered by a robust R&D program, which adds value for both customers and end-users.” The company also intends to resume dividend payments not later than 2020 with a 50% pay-out policy. Fluidra SA and US residential pool equipment manufacturer Zodiac Pool Solutions merged earlier this year (see Filtration Industry Analyst, July 2018). For further information, visit www.fluidra.com and www.zodiac.com
Financial Calendar 6 December 2018 Voith Publication of 2018 Annual Financial Figures 28 January 2019 Atlas Copco Preliminary 2018 Report Porvair Full Year 2018 Results 29 January 2019 Sartorius Preliminary FY 2018 Results 5 February 2019 Alfa Laval Q4 2018 Interim Report 14 February 2019 Ahlstrom-Munksjö 2018 Financial Statements 19 February 2019 Nederman Financial Statement 2018 5 March 2019 Evonik Q4 2018 and FY 2018 Report 6 March 2019 Andritz Results for the 2018 Business Year 14 March 2019 GEA Annual Report 2018 Lanxess FY 2019 Results 22 March 2019 Smiths FY2019 Interim Results 27 March 2019 Ahlstrom-Munkjsö’s Annual General Meeting, Helsinki, Finland Andritz Annual General Meeting 28 March 2019 Sartorius Annual Shareholders’ Meeting, Goettingen, Germany 17 April 2019 Nederman Interim Report January–March 2019 24 April 2019 Alfa Laval Q1 2019 Interim Report and Annual General Meeting 25 April 2019 Ahlstrom-Munksjö Interim Report January–March 2019 Atlas Copco Q1 2019 Report and Annual General Meeting 2019 26 April 2019 GEA Annual Shareholders’ Meeting for 2018 29 April 2019 Nederman Annual General Meeting, Helsingborg, Sweden 2 May 2019 Andritz Q1 2019 Results 7 May 2019 Evonik Q1 2019 Report 10 May 2019 GEA Q1 2019 Statement 14 May 2019 Lanxess Q1 2019 Results 23 May 2019 Lanxess Annual Stockholders’ Meeting, Cologne, Germany
Filtration Industry Analyst
5