Badger Meter Half-Year Report 2023
- Record financial results for the second quarter of 2023
- Robust order pace for smart water solutions continued with book to bill > 1
- All-time sales record of $175.9 million in Q2, up 28% year-over-year.
- Utility water sales increased 32% with robust AMI adoption, improving supply chain dynamics and pricing
- Flow instrumentation sales up 6%; strong water-related demand with modest industrial market activity
- Operating margin improvement reflective of higher volumes, favorable mix, and SEA leverage
- Published 2022 Sustainability Report with strong progress on continuous improvement activities across ESG-related matters
