April 28, 2017
Pentair Completes Sale of Valves & Controls Business
LONDON  - April 28, 2017 - Pentair plc (NYSE: PNR) today announced it has completed the sale of its Valves & Controls business to Emerson Electric Co. (NYSE: EMR) for $3.15 billion, subject to customary working capital adjustments. "With the sale of Valves & Controls, our strengthened balance sheet affords us the opportunity to advance our disciplined capital allocation strategy," said Randall J. Hogan, Pentair Chairman and CEO. Pentair now reports the performance of its busine...  Read More
April 25, 2017
Pentair Reports First Quarter 2017 Results
First quarter sales of $1.2 billion. First quarter GAAP EPS of $0.44 and adjusted EPS of $0.65. Net cash used for operating activities of continuing operations of $89 million and free cash flow usage from continuing operations of $112 million. The company expects to deliver full year free cash flow of 100 percent of adjusted net income. The company updates its 2017 GAAP EPS guidance to a range of $2.95 to $3.05 and maintains its adjusted EPS range of $3.45 to $3.55. Pentair previously an...  Read More
April 12, 2017
Pentair Releases 2016 Corporate Responsibility Report
LONDON - April 12, 2017 - Pentair (NYSE: PNR), a global company dedicated to building a safer, more sustainable world, announces the release of its 2016 Corporate Responsibility (CR) Report. "Pentair is a company built on a strong foundation of Win Right values, which grounds our role as a responsible corporate citizen," said Randall J. Hogan, Pentair Chairman and CEO. "In 2016, we renewed and continued to formalize our commitment to citizenship and sustainability, and this repor...  Read More
April 11, 2017
Pentair to Release First Quarter 2017 Earnings and Host Investor Conference Call on April 25
LONDON, United Kingdom - April 11, 2017 - Pentair plc (NYSE:PNR) will report its first quarter results before the opening of the New York Stock Exchange on Tuesday, April 25, 2017. 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 accessed ...  Read More
April 6, 2017
PENTAIR EARNS 2017 ENERGY STAR® PARTNER OF THE YEAR - SUSTAINED EXCELLENCE AWARD
LONDON - April 6, 2017 - Pentair has been named a 2017 ENERGY STAR Partner of the Year - Sustained Excellence Award winner for continued leadership in protecting our environment through superior energy efficiency achievements. Pentair's accomplishments will be recognized by the U.S. Environmental Protection Agency and the U.S. Department of Energy in Washington, D.C. on April 26, 2017. Pentair, an ENERGY STAR partner since 2013, will be honored for its leadership in manufacturing pool pumps tha...  Read More
March 22, 2017
Pentair Advances Sustainable Water Solutions
Collaboration with University of California, Davis supports World Water Day commitment; aligns with company's continued efforts to deliver innovative water and wastewater solutions for municipal, industrial, residential and commercial customers LONDON - March 22, 2017 - Pentair, a global leader in sustainable water solutions, announced today, World Water Day 2017, its collaboration with the Robert Mondavi Institute for Wine and Food Science at University of California, Davis (UC-Davis), to adva...  Read More
March 22, 2017
Pentair Announces $5 Million Project Safewater Commitment
To commemorate World Water Day 2017, Pentair expands efforts to provide sustainable access to safe, clean water to people in developing countries March 22, 2017 - LONDON - Pentair, a global leader in sustainable water solutions, announced today-in honor of World Water Day 2017-its next Project Safewater initiative with Water Mission, a global engineering nonprofit, to deliver clean, safe drinking water and sanitation to 150,000 people in Central America. The project expands upon the two organiz...  Read More
February 21, 2017
Pentair Announces Quarterly Cash Dividend
LONDON - February 21, 2017 - Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.345 per share on May 5, 2017 to shareholders of record at the close of business on April 21, 2017. Pentair had previously announced on December 6, 2016 the approval by its Board of Directors to pay dividends in 2017 in four quarterly installments of $0.345. 2017 marks the 41st consecutive year that Pentair has increased its dividend. ABOUT PENTAIR PLC Pentair plc (www.p...  Read More
January 31, 2017
Pentair Announces Acquisition of Union Engineering
LONDON - January 31, 2017 - Pentair plc (NYSE: PNR) announced today that it has completed the acquisition of Union Engineering A/S, headquartered in Fredericia, Denmark. Union Engineering specializes in sustainable technologies for capturing, recovering and purification of carbon dioxide. As an established leader in carbon dioxide management and recovery with its Haffmans brand, the addition of Union Engineering's technologies and service capabilities reinforces and expands Pentair's offerings ...  Read More
January 31, 2017
Pentair Reports Fourth Quarter and Full Year 2016 Results
Fourth quarter sales of $1.2 billion; full year 2016 sales of $4.9 billion. Fourth quarter GAAP EPS of $0.60 and adjusted EPS of $0.78; full year 2016 GAAP EPS of $2.47 and adjusted EPS of $3.05. Full year net cash provided by operating activities of $861 million and total free cash flow of $770 million. Full year net cash provided by operating activities of continuing operations of $702 million and free cash flow from continuing operations of $609 million. The company delivered full year fr...  Read More
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