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Xylem Updates Its 2020 Financial
Guidance and Projects An Organic
Revenue Growth By 2020
At its Investor Day in Raleigh-Durham, North
Carolina, Xylem (NYSE:XYL), a leading global
water technology company, will update
its 2020 financial guidance and showcase
the broad portfolio of smart infrastructure
technologies and solutions provided by
its Sensus and Visenti businesses. Xylem
acquired Sensus and Visenti in October 2016.
Xylem President and CEO Patrick Decker,
along with other senior leadership, will provide
an update on the Company’s plans to drive
above-market organic growth and capture
significant cost and revenue synergies through
the integration of Sensus.
“The addition of Sensus is reshaping the
growth and profitability profile of Xylem by
expanding our smart infrastructure portfolio
and increasing our exposure to faster-growing
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Water Leaders • May 2017
end markets and geographies,” said Mr.
Decker. “With the combination of Sensus’
higher growth rate, the robust revenue
synergies we expect to realize and our ongoing
productivity initiatives, we now expect to
deliver higher organic revenue growth and
an additional 100 basis points of margin
expansion by 2020 versus previous targets laid
out in 2015. In addition, our ability to generate
significantly more operating cash flow as well
as our larger scale and leverage capacity will
provide us with an additional $1.8 billion for
disciplined capital deployment, which brings
the total capital available for deployment from
2015 through 2020 to $5.3 billion. With our
acquired businesses serving as catalysts for
accelerated growth, we are well positioned to
create even more value for our stakeholders.”