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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 Water Products (NYSE: MWA) will announce its third quarter financial results for the period ending June 30, 2020, on August 5, 2020, after market close. A conference call to discuss the earnings will take place on August 6, 2020, at 9:00 a.m. ET. The company's portfolio includes a wide range of products for water transmission and distribution, enhancing operational efficiencies for municipalities. Interested individuals can access the earnings call via the company's website, with an archived version available for 90 days post-call.
Mueller Water Products (NYSE: MWA) will join an investor call on June 4, 2020, at 10:00 a.m. ET, hosted by Baird. Interested participants can request access by contacting Julie Schenkel via email. The call recording will later be available on Mueller's Investor website. Mueller Water Products is a key player in manufacturing products for water transmission and distribution in North America, with a focus on enhancing operational efficiency and customer service for municipalities.
Mueller Water Products reported fiscal 2020 second quarter results with net sales increasing 10.1% to $257.7 million and net income of $23.8 million. Adjusted net income per diluted share rose to $0.15, reflecting a 31.7% increase. Operating income improved to $35.8 million, supported by strong demand for essential water infrastructure products despite challenges posed by COVID-19. The company anticipates a significant sales decline in the third quarter, projecting net sales to fall 20-30% year-over-year. Measures are being taken to adjust production and preserve cash flow.