Advanced Drainage Guides FY26 Net Sales In Line With Estimates; Boosts Dividend 13% - Update

(RTTNews) - While reporting financial results for the fourth quarter on Thursday, water management solutions firm Advanced Drainage Systems Inc. (WMS) initiated its net sales guidance for the full-year 2026, based on current visibility, backlog of existing orders and business trends.

For fiscal 2025, the company now projects net sales in a range of $2.825 billion to $2.975 billion. . On average, seven analysts polled expect the company to report revenues of $2.95 billion for the year.

Separately, the company's Board of Directors has approved a 13 percent higher quarterly cash dividend to its shareholders in the amount of $0.18 per share, payable on June 16, 2025, to shareholders of record at the close of business on May 30, 2025.

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