Watts Water Technologies, Inc. (WTS) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Senior Vice President of Investor Relations. Please go ahead. Thank you and good morning, everyone. Welcome to our first quarter 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 first quarter, an operational update, and an update on our outlook for 2025. Shashank will discuss the details of our first quarter performance and provide our outlook for the second 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. I'd like to remind everyone that during this call, we may be making certain comments that constitute forward-looking statements. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially. For information concerning these risks, see Watt's publicly available filings with the SEC. The company undertakes no obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise. With that, I'll turn the call over to Bob. Thank you, Diane, and good morning, everyone. Please turn to slide three, and I'll provide an overview of the first quarter. We began 2025 with better than expected first quarter results, including record adjusted operating income, adjusted operating margin, and adjusted earnings per share. I'd like to thank the entire Watts team for their significant contributions dur...