Xylem clogged by labor, inflation; diverts sourcing back to China — Panjiva
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Xylem clogged by labor, inflation; diverts sourcing back to China

China 2918 Earnings 682 European Union 782 Industrials - Capital Goods 559 Netherlands 21 Quote Watch 452 U.S. 5260

Xylem, a maker of water control products, reported Q2’21 revenue growth of 16.5% year over year. That required running down inventories given the firm’s supply chain activity declined, shown by U.S. seaborne imports which fell by 6.8% year over year in Q2’21. The firm’s CFO, Sandra Rowland noted that Xylem’s management would “actually like to carry a little bit more inventory right now to manage through some of the supply chain challenges.” One of the ways Xylem may be addressing this is a shift back towards China, which saw imports fall during the U.S. China trade war. Shipments from Ch...

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