Mueller Water Products, Inc. reports news about a North American water infrastructure manufacturer and marketer whose products are used in the transmission, distribution and measurement of water. Its portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products and software that provides water system data.
Company updates regularly cover quarterly financial results, volume trends, pricing, manufacturing efficiency, supply-chain conditions, tariffs and inflation pressures. Other recurring announcements include quarterly dividends, investor conference participation, earnings-call schedules and governance or leadership changes tied to the company's operating and commercial organization.
Mueller has launched the HYMAX® Pro dedicated size coupling for the North American market, designed for new construction in water, wastewater, irrigation, and industrial sectors. The couplings range from 4” to 24” and feature a two-bolt, stab-fit construction for easier installation. They meet the AWWA C219, NSF 61, and NSF 372 standards for drinking water. The product includes corrosion-resistant materials and comes with a two-year warranty, extendable to five years when registered via the HYMAX app.
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Mueller Water Products, Inc. (NYSE: MWA) will present at the Oppenheimer 17th Annual Industrial Growth Conference on May 4, 2022, at 10:30 a.m. ET. This event will be hosted virtually, and the presentation can be accessed via the Investor Relations section of the company’s website, remaining available for 90 days. Mueller specializes in products and services for water transmission, distribution, and measurement in North America, helping municipalities enhance operational efficiency and customer service.
Mueller Water Products reported a 16.1% increase in net sales, reaching $310.5 million for Q2 fiscal 2022, compared to $267.5 million in Q2 2021. Net income rose 12.9% to $23.6 million, with adjusted net income up 8.6% to $24.1 million. The company faced challenges from inflation and supply chain issues but managed to raise its annual net sales growth guidance to 10-12%. Adjusted EBITDA slightly decreased to $50.6 million. CEO Scott Hall highlighted strong demand across sectors and ongoing efforts to mitigate operational challenges.
Mueller Water Products (NYSE: MWA) announced a quarterly dividend of $0.058 per share, payable on or about May 20, 2022, to shareholders on record by May 10, 2022. The company, a leader in water transmission and distribution products in North America, continues to focus on enhancing municipal operational efficiencies and improving customer service. Mueller's product portfolio includes engineered valves, fire hydrants, and software technology aimed at optimizing water system management.
Mueller Water Products, Inc. (NYSE: MWA) will announce its financial results for the second quarter ending March 31, 2022, after market close on May 2, 2022. A conference call is scheduled for May 3, 2022, at 9:00 a.m. ET to discuss the earnings and business developments. The call will be accessible via a webcast on the company's Investor Relations website, where an archived version will be available for up to 90 days. Mueller Water Products is a leading provider of products and services for water systems in North America.
Mueller Systems has partnered with Pace Water System to initiate a pilot program in Santa Rosa County, Florida, aiming to enhance water meter management through mobile technology. The program will serve 350 customers and is set for completion by the end of March 2022. Customers will benefit from real-time water usage monitoring and remote control capabilities, including shutting off water in emergencies. This initiative utilizes Mueller’s Sentryx API and aims to improve customer engagement and satisfaction among Pace's 18,000 customers.
Mueller Water Products (NYSE: MWA) will present at the Gabelli 32nd Annual Pump, Valve & Water Systems Symposium on February 24, 2022, at 10:00 a.m. ET. The presentation will be available on the company’s Investor Relations website for 90 days. Mueller is a leading provider of water transmission, distribution, and measurement products in North America, focusing on engineered valves, fire hydrants, leak detection, and more. Their goal is to enhance operational efficiency and customer service for municipalities.
Mueller Water Products reported a strong fiscal Q1 2022, with net sales increasing by 14.7% to $272.3 million, and net income rising to $19.4 million. Adjusted net income per diluted share was $0.13, an 18.2% increase year-over-year. The company generated $19.8 million in net cash from operations and bought back $20 million in stock. Despite challenges from inflation and supply chain issues, Mueller anticipates a 6-10% growth in consolidated net sales and adjusted EBITDA for the full fiscal year.
Mueller Water Products, Inc. (NYSE: MWA) has declared a quarterly dividend of 5.80 cents ($0.058) per share. This dividend is payable on or about February 21, 2022, to stockholders of record as of the close of business on February 10, 2022. The company, a prominent manufacturer of products for water transmission and distribution, highlights its commitment to delivering value to its shareholders while continuing to enhance operational efficiencies for municipalities.