Valve Magazine

Sun08302015

Last updateThu, 27 Aug 2015 2pm

Flashing and Cavitation

Flashing and Cavitation

Some of the following questions may seem ­unre...

Electric Vs. Fluid Power Choice for Valve Actuators

Electric Vs. Fluid Power Choice for Valve Actuators

Since the early days of valve actuator use, there ...

2016 Market Outlook: Mostly Cloudy

2016 Market Outlook: Mostly Cloudy

While the shale gas boom continues to play an impo...

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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%.

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Valve Magazine Digital Edition

Valve Magazine Summer 2015Inside the Summer 2015 issue…

• Critical Service
• Effects of Flashing/Cavitation
• Coatings and Wastewater Apps
• The Latest in R&D

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