Water treatment and reuse facilities

Search documents
Consolidated Water Announces the Appointment of Three New Independent Directors
Globenewswire· 2025-10-06 12:31
Company Overview - Consolidated Water Co. Ltd. is a leading designer, builder, and operator of advanced water supply and treatment plants, with operations in the Cayman Islands, The Bahamas, and the British Virgin Islands, as well as in the United States [6] - The company is currently engaged in a $204 million design-build-operate project for a seawater desalination plant in Hawaii [6] New Board Appointments - The company announced the appointment of three new independent directors: Kim Adamson, Maria Elena Giner, and Gerónimo Gutiérrez Fernández, effective October 1, 2025 [1] - Kim Adamson brings nearly 30 years of experience in the water industry, including leadership roles in public water utilities and notable companies [2] - Maria Elena Giner has over 35 years of executive leadership experience in water infrastructure and capital planning, having administered a capital program exceeding $1 billion [3] - Gerónimo Gutiérrez Fernández has a strong background in infrastructure development and financing, having served as Mexico's ambassador to the U.S. and as Managing Director of the North American Development Bank [4] Corporate Governance Enhancement - The addition of the new directors is part of the company's ongoing initiatives to strengthen corporate governance and enhance expertise related to its business [5] - Board Chairman Wil Pergande expressed confidence that the new members will enhance the Board's capabilities and assist in executing strategies to increase shareholder value [5]
Consolidated Water Declares Fourth Quarter Cash Dividend
Globenewswire· 2025-08-28 12:31
Core Points - Consolidated Water Co. Ltd. announced a quarterly cash dividend of $0.14 per share for Q4 2025, payable on October 31, 2025, to shareholders of record as of October 1, 2025 [1] Company Overview - Consolidated Water Co. Ltd. specializes in the development and operation of advanced water supply and treatment plants, including seawater desalination facilities in the Cayman Islands, The Bahamas, and the British Virgin Islands [2] - The company is currently engaged in a $204 million design-build-operate project for a seawater desalination plant in Hawaii [2] - In addition to water supply and treatment, the company manufactures and services a variety of products and provides design, engineering, management, and operational services for commercial and municipal water production, supply, and treatment, as well as industrial water and wastewater treatment [3]
Consolidated Water Reports Second Quarter 2025 Results
Globenewswire· 2025-08-11 21:00
Core Insights - Consolidated Water Co. Ltd. reported a 3% increase in total revenue for Q2 2025, reaching $33.6 million compared to $32.5 million in Q2 2024, driven by growth in retail and manufacturing segments [9][5][6] - The company achieved a 23% increase in fully diluted earnings per share from continuing operations, rising to $0.32 per share from $0.26 per share in the same quarter last year [5][14] - The manufacturing segment saw a significant revenue increase of 33%, contributing to the overall positive performance of the company [4][12] Financial Summary - Total revenue for Q2 2025 was $33.6 million, up from $32.5 million in Q2 2024, with retail revenue increasing by 6% to $8.6 million and manufacturing revenue increasing by 33% to $5.2 million [9][6] - Net income from continuing operations attributable to stockholders was $5.2 million, or $0.32 per diluted share, compared to $4.2 million, or $0.26 per diluted share in Q2 2024 [14][15] - Cash and cash equivalents increased to $112.2 million, with working capital rising to $137.4 million as of June 30, 2025 [16] Operational Highlights - The retail segment experienced a 7% increase in water sold, attributed to lower rainfall and population growth in Grand Cayman [6][9] - The services segment revenue from operations and maintenance (O&M) contracts increased by 17% to $8.3 million, partially offsetting declines in construction and design consulting revenues [4][12] - The company completed the expansion of its West Bay seawater desalination plant, adding 1 million gallons per day of production capacity to meet growing demand [6][8] Project Developments - The company is advancing its $204 million seawater desalination plant project in Kalaeloa, Hawaii, with critical milestones achieved, including client approval of pilot test reports [6][8] - The manufacturing segment's performance has stabilized, with expectations for continued growth driven by increased interest in nuclear power solutions in the U.S. [7]
Consolidated Water Sets First Quarter 2025 Investor Conference Call for Tuesday, May 13, 2025 at 11:00 a.m. ET
GlobeNewswire News Room· 2025-05-05 12:31
Core Viewpoint - Consolidated Water Co. Ltd. will hold a conference call on May 13, 2025, to discuss its first-quarter financial results for the period ending March 31, 2025 [1][2]. Group 1: Conference Call Details - The conference call is scheduled for May 13, 2025, at 11:00 a.m. Eastern time [2]. - A press release with financial results will be issued prior to the call [2]. - Participants can join the call using a toll-free number or an international dial-in number, with a conference ID provided [2]. Group 2: Replay Information - A replay of the conference call will be available after 1:00 p.m. Eastern time on the same day and will remain accessible until May 20, 2025 [3]. - The replay can be accessed via the Investors section of the Consolidated Water website [3]. Group 3: Company Overview - Consolidated Water Co. Ltd. specializes in the development and operation of advanced water supply and treatment plants, including seawater desalination facilities in the Cayman Islands, The Bahamas, and the British Virgin Islands [3][4]. - The company has recently entered the U.S. desalination market with a contract for a seawater desalination plant in Hawaii [3]. - In addition to desalination, the company provides a range of services related to water production, supply, treatment, and wastewater management [4].