Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Xylem CEO Wants More Revenue From Emerging Markets: Citi

Xylem Inc., a New York water technology company, wants to increase its revenue from emerging markets, according to a Citigroup Inc. analyst, citing a management dinner with new Chief Executive Officer Patrick Decker.

Xylem, with an estimated 17 percent of sales from emerging markets now, isn’t likely to make acquisitions at present though purchases are part of the strategy, wrote the analyst, Deane Dray, who rates the stock neutral. Decker took over the top spot at the Rye Brook, New York-based company in March.

Companies like Xylem are seeking to tap pieces of what Dray calls a $450 billion water industry that includes desalination, ballast water filtration, power generation and hydraulic fracturing. Xylem is the biggest publicly traded “pure play” company with more than 90 percent of its revenue tied to water and water processing, Dray said.

“Xylem does plan to be a component supplier of UV systems to this new market,” he said in the note.

Water reuse, filtration and industrial water treatment are among the most attractive markets for water technology companies, Dray wrote in a separate note.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.