Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2023 Results on February 2, 2023
January 13 2023 - 4:02PM
Business Wire
Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the
“Company”), a leading manufacturer of stormwater and onsite septic
wastewater management products and solutions for commercial,
residential, infrastructure and agricultural applications, today
announced that it will release its unaudited financial results for
the fiscal third quarter ended December 31, 2022, before the market
opens on February 2, 2023.
President and Chief Executive Officer, Scott Barbour, and Chief
Financial Officer, Scott Cottrill, will host a conference call and
webcast on February 2, 2023, at 10:00 a.m. ET to discuss the
results.
Webcast: Interested investors and other parties can
listen to a webcast of the live conference call by logging in
through the Investor Relations section of the Company's website at
https://investors.ads-pipe.com/events-and-presentations. An online
replay will be available on the same website following the
call.
Teleconference: To participate in the live
teleconference, participants may register at
https://www.netroadshow.com/events/login?show=4a232ad6&confId=45958.
After registering, participants will receive a confirmation through
email, including dial-in details and unique conference call codes
for entry. Registration is open through the live call. To ensure
participants are connected for the full call, please register at
least 10 minutes before the start of the call.
About the Company
Advanced Drainage Systems is a leading manufacturer of
innovative stormwater and onsite septic wastewater solutions that
manages the world’s most precious resource: water. ADS provides
superior drainage solutions for use in a wide variety of markets
and applications including commercial, residential, infrastructure
and agriculture. ADS delivers tremendous service to its customers
with the industry’s largest company-owned fleet, an expansive sales
team, and a vast manufacturing network of approximately 70
manufacturing plants and 37 distribution centers. ADS is the
largest plastic recycling company in North America, ensuring over
half a billion pounds of plastic is kept out of landfills every
year. Founded in 1966, ADS’ water management solutions are designed
to last for decades. To learn more, 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; the risks
related to the COVID-19 pandemic or other pandemics in the future;
disruption or volatility in general business and economic
conditions in the markets in which we operate; 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; uncertainties
surrounding the integration and realization of anticipated benefits
of; 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; the risk associated with manufacturing processes; the
effect of global climate change; cybersecurity risks; 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; 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230113005432/en/
Michael Higgins VP, Corporate Strategy & Investor Relations
(614) 658-0050 Mike.Higgins@adspipe.com
Advanced Drainage Systems (NYSE:WMS)
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