August 18, 2016
Pentair Announces Agreement to Sell Valves & Controls Business to Emerson
MANCHESTER, United Kingdom - August 18, 2016 - Pentair plc (NYSE: PNR) today announced it has reached an agreement to sell its Valves & Controls business to Emerson (NYSE: EMR). The cash purchase price is $3.15 billion, subject to customary working capital adjustments. The transaction is anticipated to be completed late in 2016 or early in 2017 and is subject to customary closing conditions and necessary regulatory approvals. Randall J. Hogan, Pentair Chairman and CEO stated, "We expect... Read More
July 28, 2016
Pentair Reports Second Quarter 2016 Results
·           Second quarter sales of $1.7 billion. ·           Second quarter GAAP EPS of $0.78 and adjusted EPS of $1.11. ·           Net cash provided by operating activities of $385 million and free cash flow of $351 million in the quarter.  The company expects to deliver full year free cash flow of approximately 100 percent of adjusted net income. ·           The company updates its 2016 GAAP EPS to a range of $3.23 - $3.38 and on an adjusted basis to a range of $4.05 - $4.20. Reconciliations... Read More
July 6, 2016
Pentair to Release Second Quarter 2016 Earnings and Host Investor Conference Call on July 28
MANCHESTER, United Kingdom - July 6, 2016 - Pentair plc (NYSE:PNR) will report its second quarter results before the opening of the New York Stock Exchange on Thursday, July 28, 2016. The company will also hold a conference call with investors at 9:00 a.m. Eastern Daylight Time (EDT) that day. Related presentation materials will be posted to the "Investors" section of the company's website (www.pentair.com) prior to the conference call. Conference Call DetailsThe call can be access... Read More
June 15, 2016
Pentair, The Coca-Cola Company and Partners Inaugurate Flagship EKOCENTER Site in Rwanda
Pentair delivers innovative, durable safe water solution for EKOCENTER community sites in Africa and Vietnam MANCHESTER, United Kingdom - June 15, 2016 - Pentair, a global leader in creating sustainable water solutions, joined The Coca-Cola Company and partners Ericsson, Medshare, Phillips, Solarkiosk and TIGO Rwanda to open the flagship EKOCENTER in Ruhunda, Rwanda. Located an hour outside of Kigali, the capitol of Rwanda, the solar-powered site stands to benefit up to 25,000 local residents w... Read More
May 24, 2016
Pentair and Water Sector Groups Collaborate to Advance Sustainable Water Reuse in Agriculture
New Video Highlights Urban Farming and Recycled Water Irrigation as Sustainable Approaches to Agriculture DENVER - May 24, 2016 - The WateReuse Association, Water Environment & Reuse Foundation, and Pentair, a global leader in creating sustainable water solutions, have come together to help advance the development of sustainable agricultural practices by highlighting innovative farming approaches using water reuse technologies in a new video released today in conjunction with the 20th Annua... Read More
May 11, 2016
Pentair Announces Quarterly Cash Dividend
MANCHESTER, United Kingdom – May 11, 2016 – Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.34 per share on August 5, 2016 to shareholders of record at the close of business on July 22, 2016. Pentair had previously announced on December 8, 2015 the approval by its Board of Directors to pay dividends in 2016 in four quarterly installments of $0.33 in each of the first and second quarters and $0.34 in each of the third and fourth quarters. 20... Read More
May 10, 2016
Pentair Names Karen Keegans as Senior Vice President and Chief Human Resources Officer
MANCHESTER, United Kingdom - May 10, 2016 - Pentair plc (NYSE: PNR) announced  today that it has named Karen Keegans as Senior Vice President and Chief Human Resources Officer, effective June 1. Keegans joins Pentair with more than 20 years of corporate HR experience, most recently as vice president and chief human resources officer of Praxair, Inc.  Prior to joining Praxair in 2012, Karen was at Monsanto for six years where she had increasing HR leadership roles, gaining global exposure across ... Read More
May 6, 2016
Pentair to Present at Electrical Products Group Conference
MANCHESTER, United Kingdom - May 6, 2016 - Pentair plc (NYSE: PNR) Chairman and Chief Executive Officer Randall J. Hogan will present at the Electrical Products Group Conference held in Longboat Key, Fla., on Monday, May 16, 2016. Mr. Hogan's presentation will begin at approximately 8:15 a.m. EDT.  A live audio webcast of the presentation can be accessed through the "Investors" section of Pentair's website (www.pentair.com). A replay of this presentation will be available approximatel... Read More
April 26, 2016
Pentair Reports First Quarter 2016 Results
First quarter sales of $1.6 billion. First quarter adjusted EPS of $0.76. Free cash flow usage of $47 million in the quarter.  The company expects to deliver full year free cash flow of approximately 100 percent of adjusted net income. The company confirms adjusted 2016 EPS guidance of $4.05 - $4.25. Reconciliations of GAAP to Non-GAAP measures are in the attached financial tables. MANCHESTER, United Kingdom - April 26, 2016- Pentair plc (NYSE: PNR) today announced first quarter 2016 sales of $... Read More
April 6, 2016
Pentair to Release First Quarter 2016 Earnings and Host Investor Conference Call on April 26
MANCHESTER, United Kingdom - April 6, 2016 - Pentair plc (NYSE:PNR) will report its first quarter results before the opening of the New York Stock Exchange on Tuesday, April 26, 2016. The company will also hold a conference call with investors at 8:00 a.m. Eastern Daylight Time (EDT) that day. Related presentation materials will be posted to the "Investors" section of the company's website (www.pentair.com) prior to the conference call. Conference Call DetailsThe call can be accesse... Read More
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