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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...
08.31.2016
Advanced Drainage Systems Provides Update on Timing for Filing Fiscal 2016 10-K
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 anticipates filing its Annual Report on Form 10- K for the fiscal year ended March 31, 2016 on or about September 15, 2016.. Upon the filing of its Form... Read more...
08.05.2016
Advanced Drainage Systems, Inc. Appoints Carl A. Nelson, Jr. to Board of Directors
Advanced Drainage Systems, Inc., the leading manufacturer of high performance thermoplastic corrugated pipe and related products, today announced that it has appointed Carl Nelson to its board of directors, effective August 4, 2016. During his career he served as an audit partner and led the audit practice in the Columbus, OH office. Nelson led the effort to... Read more...
08.05.2016
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 August 5, 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...
07.12.2016
ADS Expands Manufacturing Capacity at Its Sebring, Florida Location
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 expanded production capacity in Florida to better serve growing demand in the state. Joe Chlapaty, Chairman and CEO of ADS commented, "We have been... Read more...