Latest news with #smartmetering
Yahoo
3 days ago
- Business
- Yahoo
Xylem Stock Exhibits Strong Prospects Despite Persisting Headwinds
Xylem Inc. XYL is benefiting from strong momentum across most of its businesses. Robust demand for advanced metering infrastructure solutions like smart and energy metering and strong backlog execution are aiding the Measurement & Control Solutions segment. Strength in the transport application business, driven by the increased infrastructure projects in the United States, is boosting the Water Infrastructure segment's momentum in the treatment applications business, supported by increasing capital projects in emerging markets, also augurs well. The Applied Water segment is gaining from higher demand for commercial building solutions applications, including pumps, valves and dispensing equipment. A strong pipeline of capital projects and services across utility and power end markets is supporting the Water Solutions and Services time, XYL has expanded its market share, product offerings and customer base through acquisitions. Acquisitions contributed $786 million to total revenues in 2024. The company acquired Vacom Systems, a wastewater treatment company specializing in non-fouling, non-scaling evaporator and crystallizer systems, in April 2025. The buyout enhanced Xylem's capabilities in providing sustainable water solutions. In December 2024, XYL completed the acquisition of a majority stake in Idrica. The inclusion of Idrica's technology offered growth opportunities for Xylem and enabled it to penetrate new markets and deliver intelligent solutions to its commitment to rewarding shareholders through dividend payments and share buybacks is encouraging. In the first six months of 2025, the company paid dividends of $196 million, up 12% year over year. It also bought back shares worth $12.9 million in the same period. In February 2025, XYL hiked its dividend by 11%. Some Negatives The company has been dealing with the adverse impacts of high costs and expenses. After witnessing a surge of 15.1% year over year in 2024, Xylem's cost of revenues increased 3% year over year in the first six months of 2025, due to high raw material, labor, freight and overhead costs. In 2024, its selling, general and administrative expenses increased 8.8% year over year, due to additional operational expenditure from the acquisition of Evoqua. Escalating costs pose a threat to the company's bottom has considerable exposure to regions outside the United States. Its significant international presence exposes it to political and economic disruptions, all of which can directly affect its profits. Also, the company is exposed to headwinds arising from unfavorable movements in foreign is engaged in designing, manufacturing and servicing engineered products and solutions for utility, industrial, residential and commercial buildings globally. The company, which belongs to the Waste Removal Services industry, faces stiff competition from peers like Montrose Environmental Group, Inc. MEG, Zurn Elkay Water Solutions Corporation ZWS and Pentair plc PNR. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pentair plc (PNR) : Free Stock Analysis Report Xylem Inc. (XYL) : Free Stock Analysis Report Montrose Environmental Group, Inc. (MEG) : Free Stock Analysis Report Zurn Elkay Water Solutions Cor (ZWS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
04-08-2025
- Business
- Zawya
Smart Metering to Take Centre Stage in Upcoming Water Security Webinar for African Utilities
With growing concerns over water loss, sustainability, and infrastructure resilience, utilities across Africa are turning to smart metering as a strategic solution. On Thursday, 7 August 2025, industry leaders will come together for a live webinar exploring how smart metering is reshaping water security across the continent. Hosted by ESI Africa in partnership with Conlog, the one-hour webinar will spotlight successful deployments, practical lessons, and the future of digital transformation in the water sector. Featured Topic: How Smart Metering Reshapes Water Security Date: Thursday, 7 August 2025 Time: 14:00 SAST Duration: 1 hour Registration: Featured Speakers: Theuns Tait, Product Manager, Conlog Brings decades of experience in ICT and smart infrastructure to discuss the strategic shifts influencing utilities across Africa. Desigan Govender, Product Portfolio Manager, Conlog Shares deep expertise in water demand management and smart metering technologies, with a focus on operational impact and innovation. Lone Mokgosi, Managing Director, AllGreen (Botswana) Offers practical, on-the-ground insights from water utilities working at the intersection of sustainability, science, and telecoms. The event promises to provide actionable insights for utility leaders, policymakers, and sustainability stakeholders looking to improve water resource management and build long-term resilience. 'Smart metering is no longer optional,' said Theuns Tait. 'It's a vital part of how utilities can build trust, improve service delivery, and prepare for the challenges of tomorrow.' For more information or to register, visit: Distributed by APO Group on behalf of VUKA Group. About the Organisers: ESI Africa is a leading source of news, analysis, and information on Africa's power and utility sectors. Conlog is a global leader in metering and utility solutions, supporting digital transformation for water and energy providers across the developing world.
Zawya
26-06-2025
- Business
- Zawya
Standard Transfer Specification (STS) Webinar Now Available On-Demand to Empower Utilities with Smart Metering Solutions
ESI Africa, in collaboration with the STS Association, is excited to announce that the recent webinar, 'STS – The Evolution into Smart Metering,' is now available on-demand. This insightful session provides utilities, municipalities, and energy professionals with a comprehensive guide to leveraging the Standard Transfer Specification (STS) for efficient and interoperable prepayment metering. The webinar explores the globally accepted STS ecosystem, a South African-developed technology powering over 70 million smart meters worldwide. Key discussions include the benefits of the Key Management Centre, implementation strategies, and the interoperability of STS-compliant systems, enabling municipalities to work seamlessly with multiple vendors while ensuring secure transactions. Riccardo Pucci, Marketing Manager at the STS Association, emphasized the consumer and utility benefits of prepaid smart meters: 'STS enables energy conservation by empowering consumers to monitor usage in real-time, enhances revenue flexibility by reducing billing disputes, and boosts operational efficiency by eliminating manual meter readings.' Franco Pucci, Technical Consultant, highlighted STS's 25-year track record and its adaptability to modern technology, with access to 1,350 metering products for scalable solutions. The STS Association also offers extensive training resources, including user guides, manuals, and customizable in-person or online sessions, available through their website. The on-demand webinar includes expert commentary on audience poll results, addressing key challenges in prepayment systems, making it a valuable resource for utilities seeking practical solutions. Distributed by APO Group on behalf of Vuka Group. For more information, contact: ESI Africa at info@ for training and resources About ESI Africa: ESI Africa is the leading platform for African energy and sector coupling news, insights and webinars, connecting industry stakeholders with innovative solutions. About STS Association: The STS Association promotes the adoption of the Standard Transfer Specification, ensuring interoperable, secure, and scalable prepayment metering solutions globally.
Associated Press
15-06-2025
- Business
- Associated Press
VEPO Solutions Appoints Kayla Schultz as Vice President of Sales
VEPO Solutions appoints Kayla Schultz as Vice President of Sales to lead national growth, bringing 10+ years of utility tech sales experience and a customer-focused approach to expand VEPO's software and smart metering services across the U.S. New York, NY, United States, June 15, 2025 -- VEPO Solutions, a leading provider of utility software solutions and smart metering installation services, proudly announces the appointment of Kayla Schultz as Vice President of Sales. With a strong background in sales and a customer-first approach, Kayla will lead VEPO's national sales strategy as the company continues its rapid growth across the utility sector. Kayla brings over 10 years of experience in sales strategy, client engagement, and team development within the utility technology and infrastructure industries. 'We are excited to welcome Kayla to VEPO's leadership team,' said Alan Seiler, Managing Partner of VEPO Solutions. 'Her deep understanding of utility operations, combined with a proven ability to lead high-impact sales teams, makes her an excellent fit. Kayla's leadership will play a key role as we continue expanding our innovative software platform and installation services to support utilities nationwide.' In her new role, Kayla will oversee VEPO's sales initiatives across all markets, focusing on growing utility partnerships, strengthening customer retention, and advancing adoption of VEPO's solutions. These include VEPO's cloud-based work order and asset management software, as well as turnkey smart metering installation services. She will also collaborate closely with internal teams to ensure VEPO's sales strategies align with the company's mission to deliver operational efficiency, compliance support, and measurable value to utilities and municipalities. 'I'm honored to join VEPO Solutions at such an exciting time in its evolution,' said Schultz. 'VEPO is not only modernizing how utilities manage infrastructure and service delivery—it's doing so with a clear focus on customer outcomes and long-term success. I'm excited to lead our sales efforts and support the outstanding work our team is doing across the country.' For more information, please visit Contact Info: Name: Media Relations Email: Send Email Organization: VEPO Solutions Website: Release ID: 89162344 Should any problems, inaccuracies, or doubts arise from the content contained within this press release, we kindly request that you inform us immediately by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our dedicated team will promptly address your concerns within 8 hours, taking necessary steps to rectify identified issues or assist with the removal process. Providing accurate and dependable information is at the core of our commitment to our readers.
Yahoo
12-05-2025
- Business
- Yahoo
Iberdrola to sell UK smart metering division to Macquarie
Iberdrola has reached an agreement to divest its smart metering division SP Smart Meter Assets (SPSMAL) in the UK to Macquarie for around £900m (€1.07bn). The agreement is subject to the approval of the UK's competition authority and is expected to be finalised in the third quarter of 2025. SPSMAL currently manages 2.7 million meters throughout the UK. Macquarie is a major entity in the UK sector, overseeing more than ten million meters, including both smart and conventional meters. The company has contributed more than £1.5bn ($1.98bn) to facilitate the deployment of smart meters in Britain. As part of the Smart Meter Rollout Programme led by Ofgem, 38 million smart meters were installed in British households and small enterprises by the end of 2024. Iberdrola's choice to sell its smart metering assets is in line with its strategy of rotating non-core assets. The company has already exceeded €10bn in partnerships and divestments as detailed in its Strategic Plan for 2024/26. This transaction represents Iberdrola's second-largest divestment to date following the sale of combined cycle plants in Mexico in 2024. The company continues to prioritise growth acceleration and the promotion of economic electrification while maintaining financial robustness. In April this year, Iberdrola signed a strategic agreement with Japan's Kansai Electric to co-invest in the Windanker offshore wind farm. The project, valued at €1.28bn, is located in the Baltic Sea. The Spanish utility company holds a 51% stake in the assets. The wind farm, which is expected to come online in the final quarter of next year, will feature 21 turbines with a unit capacity of 15MW. "Iberdrola to sell UK smart metering division to Macquarie" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
