Mueller Water Products Provides Preliminary Fiscal 2023 Results, Delays Earnings Due to Cyber Incident

Mueller Water Products, Inc.

Preliminary net sales $1.26B-$1.275B, exceeding prior guidance of flat to down 2%.
Preliminary adjusted EBITDA $197M-$203M, above the expected range of flat to down 5%.
Returned $48M to shareholders in fiscal 2023 via dividends and $10M in Q4 stock repurchases.
Total debt $447M, cash $160M, and total liquidity $322M as of Sept 30, 2023.
Cybersecurity incident disrupted IT systems, postponing the formal Q4 and fiscal 2023 earnings release.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Mueller Water Products, Inc. reported the fiscal year ended September 30, 2023 results: revenue $1,260 million and $1,275 million.

Period: the fiscal year ended September 30, 2023
Revenue: $1,260 million and $1,275 million
Result: preliminary results

Exact text from the filing

Report”). See “Note Regarding Preliminary Information” below. Selected Preliminary Financial Information for Fiscal 2023: • Consolidated net sales are anticipated to be between $1,260 million and $1,275 million (1.0 percent to 2.2 percent higher than the prior year), as compared with expectations for annual consolidated net sales to be between flat and down 2 percent

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Mueller Water Products, Inc. filing history →

Source: SEC EDGAR

accession 0001350593-23-000048

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