WATTS WATER TECHNOLOGIES,INC. (NYSE:WTS) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On February12, 2018, Watts Water Technologies,Inc. announced its financial results for the fiscal quarter and year ended December31, 2017. The full text of the press release issued in connection with the announcement is attached as Exhibit99.1 to this Current Report on Form8-K.
The information in Item 2.02 of this Form8-K and the Exhibitattached hereto shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01.Financial Statements and Exhibits
Press Release dated February12, 2018.
WATTS WATER TECHNOLOGIES INC ExhibitEX-99.1 2 a18-5873_1ex99d1.htm EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Timothy M. MacPhee Vice President Investor Relations Telephone: (978) 689-6201 Fax: (978) 794-0353 WATTS WATER TECHNOLOGIES REPORTS STRONG FINISH TO 2017 · 4Q17 sales increased 7% to $366 million; organic growth of 3% · 4Q17 GAAP operating margin up 100 bps to 10.2%; adjusted operating margin of 11.4%,…To view the full exhibit click here About WATTS WATER TECHNOLOGIES,INC. (NYSE:WTS) Watts Water Technologies, Inc. (Watts) is a supplier of products and solutions that manage and conserve the flow of fluids and energy into, through and out of buildings in the residential and commercial markets. The Company, through its subsidiary, Watts Regulator Co., is engaged in manufacturing products and systems focused on the control, conservation and quality of water, and safety of the people using it. The Company’s operating segments include Americas, EMEA and Asia-Pacific. The Company distributes its products through primary distribution channels, including wholesale, original equipment manufacturers (OEMs) and do-it-yourself (DIY). The Company offers a range of products in terms of design distinction, size and configuration. It offers products in four product lines, including residential and commercial flow control products; heating, ventilation and air conditioning (HVAC) and gas products; drainage and water re-use products, and water quality products.