Mueller Water Products expects metering exit to lift annualized adjusted EBITDA margin by 100-140 basis points
MWA•Mueller Water Products will exit its metering business and transition customers to ZENNER USA, a move expected to lift annualized adjusted EBITDA margin by 100-140 basis points, primarily beginning in fiscal 2027’s second quarter. One-time expenses are expected to total approximately $26 million.
1. Metering business exit
Mueller Water Products will exit its metering business under an agreement to transition customers to ZENNER USA. The transition is expected to boost annualized adjusted EBITDA margin by 100-140 basis points, primarily beginning in fiscal 2027’s second quarter, with the financial impacts and benefits falling within its Water Management Solutions segment.
2. Expected expenses
One-time expenses are expected to total approximately $26 million, primarily for warranty liabilities, operating costs and restructuring charges. Most expenses are expected in the first quarter, with most remaining costs incurred before year-end.
