- H2O Innovation (HEO) has released a statement regarding the results of this morning’s annual general meeting
- H2O President and CEO Mr. Frédéric Dugré took the opportunity to update shareholders on the company’s updated 3-year strategic plan
- The company continues to launch new products and focus on recurring business
- The company also announced its first environmental, social and governance (ESG) plan
- H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers
- Shares in H2O Innovation (HEO) are down 0.42 per cent, trading at $2.35 per share
H2O Innovation (HEO) has released a statement regarding the results of this morning’s annual general meeting.
At the meeting, shareholders elected or re-elected the following directors to the companys’s board of directors: Lisa Henthorne, chair, Richard Hoel, vice-chair, Frédéric Dugré, president and CEO, Pierre Côté, René Vachon, Stéphane Guérin, Elisa M. Speranza, and Louis G. Véronneau.
H2O President and CEO Mr. Frédéric Dugré also took the opportunity to update shareholders on the company’s updated 3-year strategic plan.
“We recognize that this is an ambitious plan, but we believe that our experience in integrating companies, launching new products, expanding an international sales force and generating value will certainly serve us well,” he said.
Mr. Dugré reviewed the ten strategic objectives of the 3-year plan. Essentially, H2O Innovation plans to continue to build out its businesses in a way that enhances cross-selling opportunities, maximizes customer synergies and retention, and improves operational efficiency.
The company continues to launch new products and focus on recurring business, and since last year completed two acquisitions.
“Our objective is to maximize the earnings for the shareholders while keeping our employees engaged throughout this amazing journey,” remarked Mr. Dugré.
The company also announced its first environmental, social and governance (ESG) plan, which addresses environmental problems related to water while fostering a workplace where people feel accomplished and supported.
“Although this is our first ESG Report, we have been continuously improving our sustainability efforts through our Health, Safety and Environmental (HSE) focus, as well as a function of what we do – simplify water,” said Mr. Dugré.
As part of its ESG Plan, H2O has identified seven objectives that are intended to drive positive changes for the company.
“Being better stewards of our water resources is central to the mission of H2O Innovation,” added Mr. Dugré.
H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers.
Shares in H2O Innovation (HEO) are down 0.42 per cent, trading at $2.35 per share as of 3:56 pm EST.
