Watts Water’s Smart Solutions Revolution: How Nexa is Solving Critical Industry Challenges!

Watts Water Technologies, Inc. reported a mixed performance for the third quarter of 2024, with some regions and product lines experiencing growth, while others faced challenges. The company’s results exceeded expectations in general, though organic sales were down 4% overall. This was primarily due to strong growth in Asia-Pacific, Middle East, and Africa (APMEA) offset by declines in the Americas and Europe. The Americas faced challenges partly due to project timing and inventory reductions, while Europe continued to struggle with heat pump destocking within their OEM channel.