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Valve Manufacturing

Flowserve Corporation Reports Third Quarter 2013 Earnings

Flowserve Corporation recently announced its financial results for the 2013 third quarter.

Highlights include fully diluted EPS (earnings per share) of $0.90, up 30.4%; Bookings of $1.23 billion, up 3.7%, or 3.4% on a constant currency basis; Original equipment bookings of $750.3 million, up 5.6%, or 4.4% on a constant currency basis, and up sequentially 3.6%; Aftermarket bookings of $479.5 million, up 0.9%, or 1.9% on a constant currency basis; sales of $1.23 billion, up 5.4%, or 6.4% on a constant currency basis.

Senior Vice-President and COO Tom Pajonas said that Flowserve’s Flow Control Division showed “continued strong income and margin growth.” 

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