Advanced Drainage Systems, Inc. Announces Earnings Guidance for the Fiscal Year 2022
May 20, 2021 at 06:40 am EDT
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Advanced Drainage Systems, Inc. announced earnings guidance for the fiscal year 2022. For the year, net sales are expected to be in the range of $2.220 billion to $2.300 billion.
Advanced Drainage Systems, Inc. is engaged in manufacturing water management solutions for the stormwater and onsite septic wastewater industries, which provides superior drainage solutions for use in the construction and agriculture marketplaces. The Company's segments include Pipe, International, Infiltrator and Allied Products & Other. Its Pipe segment manufactures and markets performance thermoplastic corrugated pipe throughout the United States. Its Infiltrator is engaged in providing plastic leach field chambers and systems, septic tanks and accessories, primarily for use in residential applications. International segment manufactures and markets products in regions outside of the United States, with owned facilities in Canada and those markets serviced through its joint ventures in Mexico and South America. The Companyâs Allied Products & Other segment offers adjacent technologies to its core Pipe offering, presenting a complete drainage solution for its clients and customers.
ADVANCED DRAINAGE SYSTEMS, INC. 
