Xylem Q1 rev $1.3B, EPS $0.45; raises FY22 organic rev guide to 4-6%, adj EPS $2.40-2.70

Xylem Inc.

2021-Q1 EPS reported $0.45 revenue$1,272,000,000

Q1 revenue $1.3B, up 4% organically; organic orders +14%, record backlog.
GAAP EPS $0.45, adjusted EPS $0.47; adjusted EBITDA margin 14.2%, down 290 bps YoY.
Raises FY22 organic rev growth to 4-6% (from 3-5%) and adj EPS to $2.40-$2.70 (from $2.35-$2.70).
Water Infra rev $533M (+8% organic); Applied Water $425M (+10% organic); MCS $314M (-9% organic) due to chip shortage.
Appoints Matthew Pine as SVP, President Americas; Colin Sabol steps down as MCS president, stays through Nov 1.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Matthew F. Pine

Senior Vice President and President, Americas, Applied Water Systems and Measurement and Controls Solutions

XYL · Xylem Inc.

Effective: 2022-05-04
Filed: May 4, 2022, 7:59 PM ET

On May 2, 2022, the Board of Directors (“Board”) of Xylem Inc. (“Xylem” or “Company”) appointed Matthew F. Pine to the office of Senior Vice President and President, Americas, Applied Water Systems and Measurement and Controls Solutions effective May 4, 2022.

Departed

Colin Sabol

Senior Vice President and President, Measurement and Control Solutions

XYL · Xylem Inc.

Effective: 2022-05-04
Successor: Matthew F. Pine
Filed: May 4, 2022, 7:59 PM ET

Colin Sabol stepped down from his position with Xylem as Senior Vice President and President, Measurement and Control Solutions.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew F. Pine was appointed as Senior Vice President and President, Americas, Applied Water Systems and Measurement and Controls Solutions at Xylem Inc..

Action: appointed
Role: Senior Vice President and President, Americas, Applied Water Systems and Measurement and Controls Solutions

Exact text from the filing

On May 2, 2022, the Board of Directors (“Board”) of Xylem Inc. (“Xylem” or “Company”) appointed Matthew F. Pine to the office of Senior Vice President and President, Americas, Applied Water Systems and Measurement and Controls Solutions effective May 4, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Colin Sabol departed as Senior Vice President and President, Measurement and Control Solutions at Xylem Inc..

Action: stepped down
Role: Senior Vice President and President, Measurement and Control Solutions

Exact text from the filing

Colin Sabol stepped down from his position with Xylem as Senior Vice President and President, Measurement and Control Solutions.

View on SEC.gov

Xylem Inc. filing history →

Source: SEC EDGAR

accession 0001524472-22-000014

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