Pentair Hosts 2024 Investor Day
March 06 2024 - 6:50AM
Business Wire
Pentair plc (NYSE: PNR), a leader in helping the world
sustainably move, improve, and enjoy water, life’s most essential
resource, will host an Investor Day in New York City today
beginning at 8 a.m. ET, as previously announced. The event is
expected to conclude at approximately 12 p.m. ET.
Presentations will be made by John Stauch, President and Chief
Executive Officer, Robert Fishman, Chief Financial Officer, and
other members of the executive leadership team. Presentations will
provide an in-depth review of Pentair’s strategy, growth drivers,
transformation initiatives, and long-term financial objectives, and
will initiate new financial targets through fiscal 2026. The
Company is reiterating its 2024 guidance as previously provided on
January 30, 2024. The presentations will be followed by a Q&A
session for in-person attendees to ask questions.
“As a global leader in sustainable water solutions with many
iconic brands across our portfolio, we are inspired by the
opportunity to address the critical global water challenges by
helping our customers sustainably move, improve, and enjoy water,
life’s most essential resource. Through deep customer partnerships
and our ongoing commitment to innovation, our solutions not only
address these challenges in a sustainable way by positively
impacting people and the planet, but also position us to deliver
ongoing growth and profitability for our business,” said Stauch.
“We have a strong 5-year financial track record, and we are excited
to share our path for continued sales, adjusted EPS and free cash
flow growth through 2026.”
A live webcast of the presentation, along with the presentation
materials, can be accessed in the Investor Relations section of the
Company’s website at www.pentair.com. A replay of the webcast will
be available under the “Events & Presentations” section of the
company’s Investor Relations website shortly following the
conclusion of the event.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This release contains statements that we believe to be
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements, other
than statements of historical fact, are forward-looking statements.
Without limitation, any statements preceded or followed by or that
include the words “targets,” “plans,” “believes,” “expects,”
“intends,” “will,” “likely,” “may,” “anticipates,” “estimates,”
“projects,” “should,” “would,” “could,” “positioned,” “strategy,”
or “future” or words, phrases, or terms of similar substance or the
negative thereof are forward-looking statements. These
forward-looking statements are not guarantees of future performance
and are subject to risks, uncertainties, assumptions and other
factors, some of which are beyond our control, which could cause
actual results to differ materially from those expressed or implied
by such forward-looking statements. These factors include the
overall global economic and business conditions impacting our
business, including the strength of housing and related markets and
conditions relating to international hostilities; supply, demand,
logistics, competition and pricing pressures related to and in the
markets we serve; the ability to achieve the benefits of our
restructuring plans, cost reduction initiatives and Transformation
Program; the impact of raw material, logistics and labor costs and
other inflation; volatility in currency exchange rates and interest
rates; failure of markets to accept new product introductions and
enhancements; the ability to successfully identify, finance,
complete and integrate acquisitions; risks associated with
operating foreign businesses; the impact of seasonality of sales
and weather conditions; our ability to comply with laws and
regulations; the impact of changes in laws, regulations and
administrative policy, including those that limit U.S. tax benefits
or impact trade agreements and tariffs; the outcome of litigation
and governmental proceedings; and the ability to achieve our
long-term strategic operating and ESG goals and targets. Additional
information concerning these and other factors is contained in our
filings with the U.S. Securities and Exchange Commission (the
“SEC”), including our Annual Report on Form 10-K for the year ended
December 31, 2023. All forward-looking statements, including all
financial forecasts, speak only as of the date of this release.
Pentair assumes no obligation, and disclaims any obligation, to
update the information contained in this release.
ABOUT PENTAIR PLC
At Pentair, we help the world sustainably move, improve, and
enjoy water, life’s most essential resource. From our residential
and commercial water solutions, to industrial water management and
everything in between, Pentair is focused on smart, sustainable
water solutions that help our planet and people thrive.
Pentair had revenue in 2023 of approximately $4.1 billion, and
trades under the ticker symbol PNR. With approximately 10,500
global employees serving customers in more than 150 countries, we
work to help improve lives and the environment around the world. To
learn more, visit www.pentair.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240306803563/en/
Shelly Hubbard Vice President, Investor Relations Direct:
763-656-5575 Email: shelly.hubbard@pentair.com
Rebecca Osborn Director, External Communications Direct:
763-656-5589 Email: rebecca.osborn@pentair.com
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