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Back You are here: Home News Industry Headlines Valve Manufacturing Flowserve Reports Fourth Quarter and Full Year 2013 Results

Valve Manufacturing

Flowserve Reports Fourth Quarter and Full Year 2013 Results

In the fourth quarter of 2013, Flowserve had fully diluted EPS of $1.01, up 7.4% compared to $0.94 per share. The quarter results include $13.8 million in discrete realignment, acquisition, legal and severance charges and $4.1 million of below-the-line FX currency effects. Excluding the discrete charges and currency effects, adjusted EPS of $1.10 was up approximately 17%. Sales were $1.39 billion, up 4.6%, or 5.2% on a constant currency basis. For the full year, sales were $4.95 billion, up 4.3%, or 5.0% on a constant currency basis.

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14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

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