Mike Helen's questions to Mueller Water Products Inc (MWA) leadership • Q2 2025
Question
Representing Mike Helen, an analyst inquired if the company's pricing actions are expected to offset new tariffs on a one-for-one dollar basis and asked for an update on the M&A pipeline and strategy.
Answer
CEO Marietta Zakas clarified that recently announced double-digit price increases on targeted products will mitigate, but not fully cover, the tariff impact. She highlighted a timing lag, with tariff costs hitting in Q3 and price benefits arriving in Q4. Regarding M&A, Zakas stated the company is more active in seeking acquisitions to expand its product portfolio but remains disciplined on valuation and actionability.