Watts Water Technologies, Inc. (WTS) Q3 2023 Earnings Call Transcript


Watts Water Technologies, Inc. (NYSE:WTS) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET

Company Participants

Diane McClintock – Senior Vice President, Investor Relations and Financial Planning and Analysis

Bob Pagano – President and Chief Executive Officer

Shashank Patel – Chief Financial Officer

Conference Call Participants

Mike Halloran – Baird

Adam Farley – Stifel

Ryan Connors – Northcoast Research

David Tarantino – KeyBanc

Michael Anastasiou – TD Cowen

Joe Ahlersmeyer – Deutsche Bank

Operator

Good morning. My name is Emma, and I will be your conference operator today. At this time, I would like to welcome everyone to the Watts Water Technologies Third Quarter 2023 Earnings Call. [Operator Instructions] Diane McClintock, Senior Vice President, Investor Relations and Financial Planning and Analysis, you may begin your conference.

Diane McClintock

Thank you and good morning, everyone. Welcome to our third quarter earnings conference call. Joining me today are Bob Pagano, President and CEO; and Shashank Patel, our CFO. During today’s call, Bob will provide an overview of the third quarter and discuss the current state of the markets and our operations. He will also update you on our recent acquisition of Bradley Corporation. Shashank will discuss the details of our third quarter performance and provide our outlook for the fourth quarter and for the full year. Following our remarks, we will address questions related to the information covered during the call. Today’s webcast is accompanied by a presentation, which can be found in the Investor Relations section of our website. We will reference this presentation throughout our prepared remarks. Any reference to non-GAAP financial information is reconciled in the appendix to the presentation.

Before we begin, I’d like to remind everyone that during this call, we maybe making certain comments that constitute forward-looking statements. These statements are subject to numerous risks and uncertainties



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