“Anvil’s strong third-quarter performance resulted in a 15.7 percent increase in net sales and a more than doubling of operating income. We are pleased with Anvil’s results, which were driven by both ongoing volume growth and productivity improvements.“Municipalities are focused on ways to increase efficiencies and prioritize capital spending, both of which benefit our newer water-technology businesses. Mueller Systems provides metering solutions, including automated meter reading and advanced metering infrastructure systems that accurately measure water usage while increasing operational efficiency of a utility. Echologics offers leak detection and pipe condition assessment products and services that help municipalities conserve water and prioritize capital projects. The market reception to both businesses is encouraging, with Mueller Systems experiencing double digit net sales growth in the quarter year-over-year. Additionally, third-quarter bookings were up substantially in both businesses.”
Mueller Water Products Reports Fiscal 2011 Third-Quarter Results
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