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12.02.26 - 13:15
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Advanced Drainage Systems Announces Proposed $500 Million Senior Notes Offering (Business Wire)
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HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries, today announced that the Company intends, subject to market and other conditions, to commence an offering (the “Offering”) of up to $500 million aggregate principal amount of senior unsecured notes due 2034 (the “Notes”) in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be guaranteed by each of the Company's present and future direct and indirect domestic subsidiaries that guarantee its senior secured credit facility.
In connection with the issuance of the Notes, the Company expects to amend its existing senior secured credit facility to (i) increase the revolving credit facility from $600 million to $750 million, (ii) increase the term loan “B” from $408 million to $600 mi...
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05.02.26 - 12:45
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Advanced Drainage Systems Announces Third Quarter Fiscal 2026 Results, Increases Stock Repurchase Authorization (Business Wire)
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HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries today announced financial results for the fiscal third quarter ended December 31, 2025.
Third Quarter Fiscal 2026 Results
Net sales increased $2.8 million or 0.4% to $693.4 million
Net income increased $11.7 million or 14.3% to $94.0 million
Net income per diluted share increased $0.15 or 14.4% to $1.19
Adjusted EBITDA (Non-GAAP) increased $17.7 million or 9.3% to $209.2 million
Adjusted Earnings per share (Non-GAAP) increased $0.18 or 16.5% to $1.27
Year-to-Date Fiscal 2026 Results
Net sales increased $85.1 million or 3.7% to $2.4 billion
Net income increased $18.8 million or 5.0% to $394.6 million
Net income per diluted share increased $0.25 or 5.2% to $5.02
Adjusted EBITDA (Non-GAAP) increased $62.4 million or 8.8% to $774.9 million
Adjusted Earnings per share (Non-GAAP) increased $0....
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05.02.26 - 12:45
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Advanced Drainage Systems Announces Quarterly Cash Dividend (Business Wire)
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HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries, today announced that its Board of Directors (the “Board”) has approved a quarterly cash dividend to its shareholders in the amount of $0.18 per share, a 13% increase over the prior year dividend amount.
Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, “Today's dividend announcement, as well as the new $1 billion stock repurchase authorization announced today, is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. Our strong financial performance and operational excellence initiatives provide us with the confidence and financial flexibility to return excess cash to our shareholders while simultaneously continuing to strategically invest in our business....
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02.02.26 - 16:03
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Advanced Drainage Systems Closes Acquisition of National Diversified Sales, a Subsidiary of Norma Group SE (Business Wire)
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HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries today announced that it has completed the previously disclosed acquisition of the water management business of Norma Group SE (DAX: NOEJ), known as National Diversified Sales (“NDS”).
This transaction expands ADS' water management offering into complementary segments through the addition of NDS' residential water management, access box, and irrigation solutions. The integration of NDS solidifies ADS' position as an end-to-end water solutions provider while advancing its core growth strategy by strengthening the Allied Products portfolio, expanding distribution, and increasing customer reach.
“We are excited to officially close this transaction and welcome NDS to the ADS family,” said Scott Barbour, Chief Executive Officer and President of ADS. “This transaction builds on the...
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13.01.26 - 22:36
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Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2026 Results on February 5, 2026 (Business Wire)
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HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal third quarter ended December 31, 2025, before the market opens on February 5, 2026.
President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on February 5, 2026, at 10:00 a.m. ET to discuss the results.
Webcast: Interested investors and other parties can listen to a webcast of the live conference call by logging in through the Investor Relations section of the Company's website at https://investors.ads-pipe.com/events-and-presentations. An online replay will be available on the same website following the call.
Teleconference: To participate in the live teleconference, ...
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