Mueller Water raises FY25 revenue view to $1.37B-$1.39B from $1.34B-$1.36B

Consensus $1.36B. Raises FY25 adjusted EBITDA view to $310M-$315M from $300M-$305M. The company said, “We are increasing our fiscal 2025 guidance to primarily reflect our first quarter results and the expected benefits from recent price actions. We expect to deliver gross and adjusted EBITDA margin gains this year supported by our operational and commercial initiatives, including the anticipated benefits from the recent closure of our legacy brass foundry.”