Watts Water(US:WTS)2025-11-06 14:00Q3 2025 Performance - Organic sales increased by 9% due to favorable pricing, pull-forward demand, and volume[5, 10, 32] - Adjusted operating margin expanded by 140 bps to 18.5%[5, 11, 12, 35] - Adjusted EPS increased by 23% from $2.03 to $2.50[13, 14] - Free cash flow increased by 6% from $204 million to $216 million[15, 16] Segment Performance - Americas sales increased organically by 13%, with acquisitions adding $11 million, reaching $464 million[19] - Europe sales decreased organically by 2%, but benefited from a $7 million FX impact, totaling $112 million[19] - APMEA sales remained flat organically at $36 million[19] - Americas adjusted operating margin increased by 180 bps to 23.7%[19] - Europe adjusted operating margin increased by 160 bps to 12.2%[19] - APMEA adjusted operating margin increased by 90 bps to 19.4%[19] Full Year 2025 Outlook - The company raised its full-year reported sales growth outlook to +7% to +8%, with organic growth of +4% to +5%[6, 20, 43] - The company raised its full-year adjusted EBITDA margin outlook to 21.5% to 21.6%, an increase of +140 bps to +150 bps[6, 20]