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Edited Transcript of MWA earnings conference call or presentation 6-Nov-19 2:00pm GMT [Yahoo! Finance News]

MUELLER WATER PRODUCTS (MWA) 
Last mueller water products earnings: 2/4 05:04 pm Check Earnings Report
US:NYSE Investor Relations: ir.muellerwaterproducts.com
Edited Transcript of MWA earnings conference call or presentation 6-Nov-19 2:00pm GMT J. Scott Hall, Mueller Water Products, Inc. - President, CEO & Director [3] -------------------------------------------------------------------------------- Thanks, Whit. Thank you for joining us today to discuss our fourth quarter and full year results for 2019. Our teams finished the year well, despite a more challenging operating environment relative to the prior year. We continued to grow the business in the fourth quarter as we increased both net sales and adjusted EBITDA. Our consolidated net sales growth of 5% in the quarter was driven by the benefit of the Krausz acquisition and higher pricing. However, due to the slower-than-expected recovery in residential construction, lowered inventory levels in the channel and a decrease in Canadian sales, our organic net sales decreased slightly compared with strong sales in the prior year fourth quarter. We continue to improve our gross margin, as we d Show less Read more
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