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Flowserve Corporation (FLS) provides engineered flow control solutions for critical industries worldwide. This news hub offers investors and industry professionals centralized access to official announcements, financial updates, and strategic developments from the global leader in pumps, valves, and seals.
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Discover updates across key business areas: product innovations in precision flow systems, sustainability initiatives, global expansion efforts, and maintenance service enhancements. All content is verified through primary sources to ensure regulatory compliance and factual accuracy.
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Flowserve Corporation (NYSE: FLS) has announced a quarterly cash dividend of $0.20 per share, payable on July 9, 2021, to shareholders of record as of June 25, 2021. While Flowserve intends to continue regular quarterly dividends, future payments will be reviewed and declared at the Board's discretion. This announcement highlights the company's commitment to return value to shareholders amidst uncertainties, including those stemming from the ongoing global impacts of COVID-19 and fluctuating economic conditions.
Flowserve Corp. (NYSE: FLS) held its virtual 2021 Annual Meeting of Shareholders. Key announcements included the re-election of nine board members for another year and the election of David Roberts as Chairman, succeeding Roger Fix. Shareholders approved a 97% advisory vote on executive compensation and ratified PricewaterhouseCoopers as the independent auditor for 2021. An amendment to the Certificate of Incorporation regarding supermajority approval for business combinations was also passed. Final voting results will be disclosed in a subsequent Form 8-K.
Flowserve Corporation (NYSE: FLS) announced that CEO Scott Rowe will present at the Goldman Sachs Industrials and Materials Conference on May 11, 2021, at 2:40 p.m. EDT. Shareholders and interested parties can access the webcast of the presentation on Flowserve's Investor Relations section of their website. Flowserve is a leading provider of flow control products and services, operating in over 55 countries. The company emphasizes its commitment to addressing industry challenges, including the impacts of COVID-19 and fluctuating market conditions.
Flowserve Corporation (NYSE: FLS) announced its Q1 2021 financial results, reporting a reported EPS of $0.11 and an adjusted EPS of $0.28. Total bookings decreased 3.3% year-over-year to $945 million, with a sequential increase of 14.5%. Sales fell 4.1% to $857.3 million, while adjusted operating income rose by over $20 million compared to last year. The company revised its 2021 revenue guidance to a decrease of 3% to 5%. Adjusted EPS guidance improved to a range of $1.40 to $1.60. Flowserve remains optimistic about growth prospects as economic recovery progresses.
Flowserve Corporation (NYSE: FLS) plans to release its Q1 2021 financial results after the market closes on May 3. A conference call will take place on May 4 at 11 a.m. ET, featuring insights from CEO Scott Rowe and management. Shareholders can access earnings materials and the conference call via the company's Investor Relations page. Flowserve specializes in fluid motion and control products, operating in over 55 countries.
Flowserve Corporation (NYSE: FLS) announced it will supply Pfizer with essential pumps, valves, and seals to enhance COVID-19 vaccine production. The urgent need for a mechanical mixer seal led to expedited support from Flowserve’s Kalamazoo team. Additionally, over 200 Worcester cryogenic ball valves and various pumps will be provided from their facilities in Cookeville, Virginia, and Germany. Flowserve expresses commitment to partnering with Pfizer during this critical time, emphasizing their long-standing relationship since 1997.
Flowserve Corporation (NYSE: FLS) announced that CEO Scott Rowe will present at the 26th Annual Credit Suisse Energy Summit on March 2, 2021, from 11:40 a.m. to 12:10 p.m. CST. The presentation will be available via webcast for shareholders and interested parties at www.flowserve.com in the Investor Relations section. Flowserve is a prominent provider of fluid motion and control products, operating in over 55 countries and specializing in engineered pumps, seals, and valves.
Flowserve Corporation (NYSE: FLS) announced that CFO Amy Schwetz will present virtually at the Gabelli Fund's 31st Annual Pump, Valve & Water Systems Symposium on February 25 at 12:30 p.m. ET. Shareholders and interested parties can access the webcast on Flowserve's website under the 'Investor Relations' section. Flowserve is a leading provider of flow control products, operating in over 55 countries and offering engineered and industrial pumps, seals, and valves.
Flowserve Corporation (NYSE: FLS) reported its financial results for Q4 and full year 2020. Q4 EPS was $0.43, with adjusted EPS at $0.53. Total bookings decreased by 21.6% to $825.1 million. Sales for Q4 reached $985.3 million, down 7.8%. Full year EPS was $0.89; adjusted EPS was $1.74, with total bookings at $3.41 billion. The company aims for 2021 adjusted EPS guidance of $1.30 - $1.55, with expected revenue declining by 4.0% to 7.0%. CEO Scott Rowe expressed optimism for growth as pandemic impacts lessen.
Flowserve Corporation (NYSE: FLS) has announced a quarterly cash dividend of $0.20 per share on its outstanding shares of common stock. The dividend will be payable on April 9, 2021, to shareholders of record as of the close of business on March 26, 2021. While the company intends to maintain regular quarterly dividends, future payments will be evaluated and declared at the Board's discretion, highlighting a cautious approach to dividend sustainability amidst potential economic uncertainties.
