In addition to building an “energized team with an indomitable spirit,” Waters prioritized its strong core business serving increasingly attractive markets, a “simple and repeatable” business model, innovation and commercial execution, and plans to expand into high-growth adjacencies. Through 2023, Waters' priorities include share buybacks, margin expansion, and “market-plus” growth. For 2024 and beyond, the company expects to add “high-growth” adjacencies through accretive mergers-and-acquisitions (M&A . . .

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