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02.02.2017
Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2017 Results on February 9, 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 third quarter fiscal year 2017 financial results before the market opens on February 9, 2017.. Chairman and Chief... Read more...
01.23.2017
New Large Diameter High-Performance Pipe Introduced by Advanced Drainage Systems
Advanced Drainage Systems, Inc., a leading global manufacturer of water management solutions, today announced its latest breakthrough in storm water pipe technology, HPXR TM 75. This new technology provides heightened levels of stiffness, is available in a range of sizes, and yields significant cost benefits for customers compared to alternative products. Read more...
01.12.2017
Advanced Drainage Systems Announces Second Fiscal Quarter 2017 Results
Net sales decreased 6% to $361 million Net income increased 52% to $24 million Adjusted EBITDA increased 3% to $66 million. Net sales decreased 2% to $718 million Net income increased 52% to $44 million Adjusted EBITDA increased 18% to $137 million Cash flow from operating activities increased 169% to $46 million Free cash flow improved to $22 million as... Read more...
01.09.2017
Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2017 Results on January 12, 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 second quarter fiscal year 2017 financial results before the market opens on January 12, 2017. Prior to the release of... Read more...
11.29.2016
Advanced Drainage Systems to Restate Prior Period Financial Statements
Advanced Drainage Systems, Inc., a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that the Company will restate its prior period financial statements and related financial information as filed with the Securities and Exchange... Read more...
11.10.2016
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, announced on November 10, 2016 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... Read more...
10.06.2016
Advanced Drainage Systems Announces First Fiscal Quarter 2017 Results
Quarterly net sales increased 2.4% to $358 million Net income increased 96% to $25 million Adjusted EBITDA increased 34% to $72 million Cash flow from operating activities went from a use of $18 million to flat Free cash flow improved from a use of $30 million to a use of $13 million. This performance was partially offset by a weaker-than-expected agriculture... Read more...
10.04.2016
Advanced Drainage Systems Hosts Ceremonial Event to Mark Construction of New Harrisonville, Missouri Manufacturing Facility
This will be the Company’ s 62 nd manufacturing plant, and its first in Missouri. Vicky Hartzler, State Senator Ed Emery, and Mayor Brian Hasek of Harrisonville. We are delighted to join the community of committed Harrisonville advocates, and welcomed the participation in today’ s event by Representative Hartzler, Senator Emery, Mayor Hasek and many community... Read more...
09.15.2016
Advanced Drainage Systems, Inc. Announces Annual Meeting of Stockholders
Advanced Drainage Systems, Inc., a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that the Company will hold its annual meeting of stockholders on October 27, 2016 at The Athletic Club of Columbus, 136 East Broad Street, Columbus, Ohio at... Read more...
09.15.2016
Advanced Drainage Systems to Announce Fiscal Year 2017 First Quarter Results on October 6, 2016
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 first quarter fiscal year 2017 financial results before the market opens on October 6, 2016. In addition, the Company... Read more...