Mon09012014

Last updateMon, 01 Sep 2014 12pm

Mitigating the Effects of Cycling a Power Plant

Mitigating the Effects of Cycling a Power Plant

Significant changes in the power industry over the...

Choosing Valves for New Lead-Free Water System Regulations

Choosing Valves for New Lead-Free Water System Regulations

In the U.S., regulations governing lead content of...

VALVE Magazine Print & Digital

Subscribe sum14Read the latest digital edition

Subscribe to the digital edition

Subscribe to the print edition

Subscribe to the biweekly VALVE eNews

BUYERS GUIDE 300x80

New Products

Industry Headlines

Advertisement
Advertisement

Flowserve Reports Second Quarter 2012 Results

Flowserve Corp. announced financial results for the second quarter of 2012 yesterday.

Bookings in Flowserve's flow control division (FCD) for the second quarter of 2012 were $411.6 million, a decrease of $28.4 million, down 6.5%, or 0.5% excluding negative currency effects of approximately $26 million. FCD sales for the second quarter of 2012 were $401.5 million, an increase of $14.4 million, up 3.7%, or 11.0% excluding negative currency effects of approximately $28 million.

FCD gross profit for the second quarter of 2012 increased to $132.3 million, up $0.4 million or 0.3%. Gross margin for the second quarter of 2012 decreased 110 basis points to 33.0%, which was primarily attributable to product line mix and a sales mix shift to original equipment.

FCD operating income for the second quarter of 2012 increased to $60.4 million, up $0.5 million or 0.8%, including negative currency effects of approximately $4 million. The increase was primarily attributable to slightly improved gross profit and reduced SG&A. Operating margin decreased 50 basis points to 15.0%.

VIDEO HOME PAGE

  • Latest

  • Popular

  • Links

  • Events

 

Valve Magazine Digital Edition

14 SUM CVR 160x214Inside the Summer 2014 issue…

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

CLICK HERE TO REQUEST YOUR
DIGITAL EDITION PREVIEW EMAIL

steroids and sports buy steroids australia legit arimidex versus tamoxifen best hcg brand where to buy anabolic steroids from