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06.07.2017
Advanced Drainage Systems Launches New App to Support Agricultural Drainage Planning
Advanced Drainage Systems, Inc. has developed the Agricultural Drainage App, a new mobile application for planning agricultural drainage systems, offering automatic calculations for both the proper quantity and type of pipe needed to achieve the drainage required. Free to download, it is now available from the App Store and on Google Play. Read more...
05.25.2017
Advanced Drainage Systems Announces Quarterly Cash Dividend
Advanced Drainage Systems, Inc., a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that its Board of Directors has approved a quarterly cash dividend to its shareholders in the amount of $0.07 per share. The quarterly cash dividend of $0.07... Read more...
05.25.2017
Advanced Drainage Systems Announces Fourth Quarter and Fiscal Year 2017 Results
Net sales of $244.2 million compared to $245.4 million in prior year quarter Net loss of $18.1 million compared to $11.1 million in prior year quarter Adjusted EBITDA of $12.6 million compared to $21.6 million in prior year quarter. Net sales of $1,257.3 million compared to $1,290.7 million in prior year Net income of $35.9 million compared to $30.6 million... Read more...
05.18.2017
Advanced Drainage Systems to Announce Fourth Quarter and Fiscal Year 2017 Results on May 25, 2017
Advanced Drainage Systems, Inc., a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited fourth quarter and fiscal year 2017 financial results before the market opens on May 25, 2017.. Chairman and Chief... Read more...
03.07.2017
Joseph Chlapaty Announces Intention to Retire as CEO of ADS
Advanced Drainage Systems, Inc., a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that Joseph A. Chlapaty has communicated to the Board of Directors his intention to retire as the Company’ s President, Chief Executive Officer, and Chairman of... Read more...
02.09.2017
Advanced Drainage Systems Announces Quarterly Cash Dividend
Advanced Drainage Systems, Inc., a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that its Board of Directors has approved a quarterly cash dividend to its shareholders in the amount of $0.06 per share. The quarterly cash dividend of $0.06... Read more...
02.09.2017
Advanced Drainage Systems Announces Stock Repurchase Program
Advanced Drainage Systems, Inc., a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that its Board of Directors has authorized a stock repurchase program for the repurchase of up to $50 million in shares of the Company’ s common stock. Read more...
02.09.2017
Advanced Drainage Systems Announces Third Fiscal Quarter 2017 Results
Advanced Drainage Systems, Inc., a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced financial results for the fiscal third quarter ended December 31, 2016.. Net sales decreased 6% to $295 million Net income decreased 21% to $10 million... Read more...
02.06.2017
Advanced Drainage Systems Acquires Plastic Tubing Industries (PTI)
Advanced Drainage Systems, Inc., a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it has acquired the assets of Plastic Tubing Industries, a manufacturer of HDPE pipe and related accessories, for $9.5 million. With the acquisition, ADS... Read more...