Watts Water Technologies Reports Fourth Quarter and Full Year 2024 Results
1. WTS achieved record operating income and adjusted EPS for Q4 2024. 2. Completed acquisition of I-CON Systems on January 2, 2025 for digital expansion. 3. Sales decreased 1% in Q4 2024, impacted by fewer shipping days. 4. Operating margin improved to 16.5% due to price realization, despite inflation. 5. 2025 sales growth expected between -3% to 2% amid geopolitical uncertainties.