Mueller Water Products, Inc. Provides Earnings Guidance for the Year 2022
May 02, 2022 at 05:01 pm EDT
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Mueller Water Products, Inc. provided earnings guidance for the year 2022. Based on second quarter performance, second quarter backlog and current expectations for end markets, the Company is increasing its net sales guidance and currently anticipates that consolidated net sales for the full-year fiscal 2022 will increase between 10% and 12% as compared with the prior year.
Mueller Water Products, Inc. is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. The Company's product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software technology that provides critical water system data. The Company operates through two segments: Water Flow Solutions and Water Management Solutions. Its Water Flow Solutions segment's portfolio includes iron gate valves, specialty valves and service brass products. Its Water Management Solutions segment's portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Its brands include Canada Valve, Centurion, Echologics, Echoshore, ePulse, Ez-Max, Hersey, Hydro Gate, Hydro-Guard, HYMAX and others.