Splish! Splash! – ZCL’s new CEO takes a bath! This video discusses Q3 results, as well as announcement of a profit improvement plan, 2019 as a transition year to bring margins back to historical levels, and key takeaways for investors including sustainability of the dividend.

Expect dividend to exceed earnings for 2018 full year; however unlevered balance sheet provides flexibility.

Watch for backlog build and margin stabilization / improvement through 2019.