Pentair(PNR) - 2024 Q2 - Quarterly Results
PNRPentair(PNR)2024-07-23 18:57

Exhibit 99.1 News Release Pentair Reports Strong Second Quarter 2024 Results • Sales of 1.1billion,up2percentcomparedtosalesforthesameperiodlastyearOperatingincomeincreased19percentto1.1 billion, up 2 percent compared to sales for the same period last year • Operating income increased 19 percent to 248 million when compared to the second quarter of 2023 reflecting ROS of 22.6 percent, an increase of 330 basis points; on an adjusted basis, ROS expanded 310 basis points to 24.7 percent • GAAP EPS increased 19 percent to $1.11 when compared to the prior year period and adjusted EPS rose 18 percent to ...