Consolidated Water Co. Ltd. (CWCO) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Thank you for joining us today to discuss Consolidated Water Company's second quarter 2025 operating and financial results. Hosting the call today is the Chief Executive Officer of Consolidated Water, Rick McTigheR, and the company's Chief Financial Officer, Davis Kuffman. Following their remarks, we will open the call to your questions. At any time during the call, you may join the Q&A queue by pressing star, then 1 on your keypad. Before we continue today's call, I will provide some important questions regarding the forward-looking statements made by the management during the call. I would like to remind everyone that today's call is being recorded and it will be made available for telecom replay. Please see the inspections and yesterday's press release that has been posted to the investment relations section of the company's website. Now, I would like to turn the call over to Consolidated Water's CEO, Rick McTigheR. Sir, please go ahead. Thank you, Steve. Good morning, everyone. Thank you for joining us today to discuss our financial and operating results for our second quarter of 2025. As mentioned in our press release issue yesterday, our diversified water business model encompassing regulated utility, O&M services, and manufacturing performed well this past quarter with low revenues increasing by 3% and fully diluted earnings per share from continuing operations increasing by 23% compared to the same quarter of last year. The retail and manufacturing segments in particular reported quarter over quarter revenue increases of 6% and 33% respectively. Retail water sales in our exclusive utility service area on Grand Cayman were higher than the previous year primarily due to reduced rainfall during this past quarter. Manufacturing revenue and operating...