Watts Water Technologies (WTS) Tops Q2 EPS by 4c, Revenues Beat; 'Raising FY18 Organic Sales Growth Outlook'

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Watts Water Technologies Reports Record Second Quarter Results

August 1, 2018 4:35 PM EDT

Reported record sales of $408 million, up 8% Organic sales growth +5%, foreign exchange +3% 2Q operating margin of 12.8%; up 100 bps on GAAP basis, up 30 bps on adjusted basis Record EPS of $1.05, up 33% on GAAP basis, up 27% on adjusted basis Raising full year 2018 organic sales growth outlook

NORTH ANDOVER, Mass.--(BUSINESS WIRE)-- Watts Water Technologies, Inc. (NYSE: WTS) today announced second quarter 2018 results.

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