Watts Water(WTS) - 2021 Q3 - Earnings Call Presentation

Financial Performance - Third quarter sales increased by 18% to $455 million, with organic sales up by 17%[9, 21] - Adjusted operating margin increased by 60 basis points to 14.4%[9] - Adjusted EPS increased by 32% to $1.39[9] - Year-to-date free cash flow increased by 26% to $120 million[9] Regional Performance - Americas sales increased by 17% organically to $309 million, with an adjusted operating margin of 18.1%[11] - Europe sales increased by 14% organically to $124 million, with an adjusted operating margin of 15.5%[11] - APMEA sales increased by 33% organically to $22 million, with an adjusted operating margin of 19.1%[11] Outlook - The company is raising its full-year organic sales growth outlook to 14% to 17%[7, 13] - The company expects full year adjusted operating margin to be 13.9% to 14.4%[13] Other - The company purchased Sentinel Hydrosolutions LLC in 4Q, which has annual sales of approximately $6 million[6]