Mueller Water Products(US:MWA)2024-11-07 18:47Financial Performance Highlights - Q4 Net Sales increased by 15.5% year-over-year to $348.2 million[8, 11] - Full-year Net Sales reached $1,315 million, a 3.1% increase year-over-year[8, 11] - Q4 Gross Margin improved by 250 bps year-over-year to 31.8%[8, 11] - Full-year Gross Margin increased by 520 bps year-over-year to 34.9%[8, 11] - Q4 Adjusted EBITDA increased by 30.9% year-over-year, reaching $72.5 million[8, 12] - Full-year Adjusted Net Income per Diluted Share increased by 52.4% year-over-year to $0.96[8, 12] - Free Cash Flow for the full year was $191.4 million, a $130 million increase year-over-year[8, 15] Segment Performance (Q4 FY2024) - Water Flow Solutions (WFS) Net Sales increased by 24.0% year-over-year to $200.3 million, with Adjusted Operating Income increasing by 51.3% to $41.6 million[13] - Water Management Solutions (WMS) Net Sales increased by 5.7% year-over-year to $147.9 million, with Adjusted Operating Income increasing by 36.1% to $29.8 million[14] Fiscal Year 2025 Outlook - Net Sales are projected to be between $1,340 million and $1,360 million, representing a 1.9% to 3.4% year-over-year increase[18, 20] - Adjusted EBITDA is expected to be between $300 million and $305 million, a 5.4% to 7.1% year-over-year increase[19, 20]