India: Xylem has partnered with current Premier League Champions Manchester City F.C. to deliver clean water towers, WASH education, and sports and leadership training to communities in Bangalore, India – which will benefit over 5,000 children this year. The
Between February 13-16, Xylem, together with Manchester City F.C. and Xylem’s Non-Governmental Organization (NGO) partner, Planet Water Foundation, built clean water filtration towers at two government primary schools in Bangalore, which will provide long-term, sustainable access to clean water for the surrounding community.
Patrick Decker, Xylem President, and Chief Executive Officer said: “We’re honored to support these important social impact initiatives, which will provide education and training and improve access to safe, clean water, benefitting over 5,000 children in Bangalore communities.”
Xylem Inc. has also reported fourth-quarter 2018 net income of USD 225 million or USD 1.24 per share. Excluding the impact of restructuring, realignment and special charges, the Company delivered adjusted net income of USD 159 million or USD 0.88 per share in the quarter, a 16% increase over the prior year period. Fourth quarter revenue was USD 1.4 billion, up 9% organically.
“We continued to build strong momentum throughout 2018, generating solid revenue and orders growth across each of our business lines,” said Patrick Decker, President and Chief Executive Officer of Xylem. “With our expanded digital offerings and leveraging our extensive installed base, we delivered significant value to our customers, and demand for our solutions grew across all of our end markets.”
© Smart Water & Waste World. Send us your editorial contributions at [email protected]