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WTWTS

What Watts Water Technologies promised, and what happened

Guidance Tracker · every commitment management made on a call, tracked from the quarter it was made

Guidance

What management said, and what became of it

35 of 35 judged targets kept · 17 open · verdicts reflect calls analysed to Jun 2026.

TargetOriginal wordingSaidLatest callVerdict
Q2 FY26 adjusted EBITDA margin22.3% to 22.9%Mar 2026Jun 2026:Adjusted EBITDA totaled $177 million, an increase of 15% with an adjusted EBITDA margin of 23.1%, down 70 basis points year-over-year.
Call transcript, Jun 2026 · no direct link
Achieved
Full-year adjusted EBITDA margin21.5% to 22.1%Dec 2025Jun 2026:We are raising our full year adjusted EBITDA margin outlook to a range of up 20 to up 80 basis points, which is a 60 basis point increase in the midpoint of our previous outlook.
Call transcript, Jun 2026 · no direct link
Revised Up
France restructuring pretax run-rate savings$3 million full pretax run-rate savings, fully realized in 2026Dec 2024Jun 2026:Europe segment margin is now expected to increase 20 to 80 basis points based on strong price and productivity, which includes the expected benefits from our France restructuring program.
Call transcript, Jun 2026 · no direct link
On Track

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

The full ledger

Open Watts Water Technologies’s full ledger

A free account opens 5 company ledgers a month. All 52 tracked commitments, with each call’s wording and source.

The rest of the ledger

Pro opens all 52 tracked commitments for Watts Water Technologies

Above is what the last two calls moved. Pro adds every quarter's revision, the source quote behind each one, and the topics management has stopped answering.