Advanced Drainage Systems Announces 2022 Investor Day
28 Februar 2022 - 10:00PM
Business Wire
Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the
“Company”), a leading provider of innovative water management
solutions in the stormwater and onsite septic wastewater industries
today announced it will host an Investor Day in New York City on
Thursday, March 10, 2022. The event will be available via webcast
for those who wish to attend virtually.
In addition to presentations from the leadership team on
business performance, strategy and medium-term targets, the event
will include overviews of the Infiltrator Water Technologies
business and Environmental, Social and Governance (ESG) programs. A
question-and-answer session will follow prepared remarks.
The event will begin at 8:30 a.m. ET. A live webcast and replay
of the presentation will be available on the Company’s investor
relations website at investors.ads-pipe.com. Those wishing to
request an in-person invitation should contact the investor
relations department via e-mail at
InvestorRelations@adspipe.com.
About the Company
Advanced Drainage Systems is a leading provider of innovative
water management solutions in the stormwater and onsite septic
wastewater industries, providing superior drainage solutions for
use in the construction and agriculture marketplace. For over 50
years, the Company has been manufacturing a variety of innovative
and environmentally friendly alternatives to traditional materials.
Its innovative products are used across a broad range of end
markets and applications, including non-residential, residential,
infrastructure and agriculture applications. The Company has
established a leading position in many of these end markets by
leveraging its national sales and distribution platform, overall
product breadth and scale and manufacturing excellence. Founded in
1966, the Company operates a global network of approximately 60
manufacturing plants and 30 distribution centers. To learn more
about ADS, please visit the Company’s website at
www.adspipe.com.
Forward-Looking
Statements
Certain statements in this press release may be deemed to be
forward-looking statements. These statements are not historical
facts but rather are based on the Company’s current expectations,
estimates and projections regarding the Company’s business,
operations and other factors relating thereto. Words such as “may,”
“will,” “could,” “would,” “should,” “anticipate,” “predict,”
“potential,” “continue,” “expects,” “intends,” “plans,” “projects,”
“believes,” “estimates,” “confident” and similar expressions are
used to identify these forward-looking statements. Factors that
could cause actual results to differ from those reflected in
forward-looking statements relating to our operations and business
include: fluctuations in the price and availability of resins and
other raw materials and our ability to pass any increased costs of
raw materials on to our customers in a timely manner; volatility in
general business and economic conditions in the markets in which we
operate, including the adverse impact on the U.S. and global
economy of the COVID-19 global pandemic, and the impact of COVID-19
in the near, medium and long-term on our business, results of
operations, financial position, liquidity or cash flows, and other
limitation factors relating to availability of credit, interest
rates, fluctuations in capital and business and consumer
confidence; cyclicality and seasonality of the non-residential and
residential construction markets and infrastructure spending; the
risks of increasing competition in our existing and future markets,
including competition from both manufacturers of high performance
thermoplastic corrugated pipe and manufacturers of products using
alternative materials, and our ability to continue to convert
current demand for concrete, steel and PVC pipe products into
demand for our high performance thermoplastic corrugated pipe and
Allied Products; uncertainties surrounding the integration and
realization of anticipated benefits of acquisitions and similar
transactions, including Infiltrator Water Technologies; the effect
of weather or seasonality; the loss of any of our significant
customers; the risks of doing business internationally; the risks
of conducting a portion of our operations through joint ventures;
our ability to expand into new geographic or product markets,
including risks associated with new markets and products associated
with our recent acquisition of Infiltrator Water Technologies; our
ability to achieve the acquisition component of our growth
strategy; the risk associated with manufacturing processes; our
ability to manage our assets; the risks associated with our product
warranties; our ability to manage our supply purchasing and
customer credit policies; our ability to control labor costs and to
attract, train and retain highly-qualified employees and key
personnel; our ability to protect our intellectual property rights;
changes in laws and regulations, including environmental laws and
regulations; the risks associated with our current levels of
indebtedness, including borrowings under our existing credit
agreement and outstanding indebtedness under our existing senior
notes; fluctuations in our effective tax rate, including from the
Tax Cuts and Jobs Act of 2017; our ability to meet future capital
requirements and fund our liquidity needs; and other risks and
uncertainties described in the Company’s filings with the SEC. New
risks and uncertainties emerge from time to time and it is not
possible for the Company to predict all risks and uncertainties
that could have an impact on the forward-looking statements
contained in this press release. In light of the significant
uncertainties inherent in the forward-looking information included
herein, the inclusion of such information should not be regarded as
a representation by the Company or any other person that the
Company’s expectations, objectives or plans will be achieved in the
timeframe anticipated or at all. Investors are cautioned not to
place undue reliance on the Company’s forward-looking statements
and the Company undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220228005099/en/
For more information, please contact: Michael Higgins VP,
Corporate Strategy & Investor Relations (614) 658-0050
Mike.Higgins@ads-pipe.com
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