Welcome to our dedicated page for Flowserve Corporation news (Ticker: FLS), a resource for investors and traders seeking the latest updates and insights on Flowserve Corporation stock.
Flowserve Corporation (NYSE: FLS) is a global leader in the design, manufacturing, and aftermarket servicing of comprehensive flow control systems. With over 19,000 employees spread across more than 60 countries, Flowserve leverages a rich heritage of over 220 years, built upon 50 world-renowned brands. This firm commitment has earned Flowserve a solid foundation of customer loyalty and equity around the world.
Flowserve's innovative solutions serve a myriad of industries, including oil and gas, power generation, chemical processing, water management, pharmaceuticals, and food processing. The company's extensive product range includes pumps, valves, seals, and services aimed at addressing complex flow control challenges. This makes Flowserve a pioneer in the development and application of advanced solutions to meet its clients' evolving needs.
The corporation is dedicated to providing precision-engineered equipment that ensures the efficient movement and protection of customer materials and processes. Notably, Flowserve operates a network of Quick Response Centers designed to offer aftermarket services such as installation, diagnostics, repair, and retrofitting. These centers play a crucial role in maintaining the operational efficiency and longevity of the equipment used in various industries.
Flowserve's financial health is robust, with significant revenue contributions from North America and Europe. The company's strategic partnerships and strong focus on R&D have enabled it to stay at the forefront of industry innovations. Recent accomplishments include advancements in sustainable practices and new product launches tailored to meet the increasing demand for eco-friendly solutions.
In summary, Flowserve Corporation stands out as a key player in the global market for flow control systems. Its dedication to quality, innovation, and customer satisfaction continues to drive its success and industry leadership.
Flowserve Corporation (NYSE: FLS) has announced its new Energy Advantage program designed to help customers achieve carbon reduction goals and lower ownership costs. This comprehensive program includes engineering expertise, a data-driven evaluation process, and a range of products and services aimed at enhancing energy efficiency in flow control systems. The program has already demonstrated positive results, such as 34% improved energy consumption through recent projects. CEO Scott Rowe emphasized the company's commitment to sustainable solutions as industries transition to cleaner energy.
Flowserve Corporation (NYSE: FLS) announced its Q4 and full year 2021 financial results, reporting a Q4 EPS of $0.13 and adjusted EPS of $0.45. Full year EPS stood at $0.96 and $1.38 adjusted. Bookings surged 17.5% YoY to $969 million, contributing to a total of $3.77 billion for the year, up 10.6%. The year-end backlog increased by 8% to $2 billion, setting a robust foundation for growth in 2022. The company expects a revenue growth of 7% to 9% for 2022, with guidance EPS between $1.65 and $1.90, despite challenges posed by the Omicron variant and supply chain issues.
Flowserve Corporation (NYSE: FLS), a prominent provider of flow control products, announced that CFO Amy Schwetz will present at Gabelli’s 32nd Annual Pump, Valve & Water Systems Symposium on February 24 at 2:30 p.m. ET. The presentation will be accessible through a webcast for shareholders and interested parties via www.flowserve.com. Flowserve operates in over 55 countries, specializing in engineered and industrial pumps, seals, and valves, offering a range of flow management services.
Flowserve Corporation (NYSE: FLS) announced a quarterly cash dividend of $0.20 per share on its common stock. The dividend is set for payment on April 8, 2022, to shareholders of record by the close of business on March 25, 2022. While the company intends to continue regular quarterly dividends, future dividends will be evaluated individually and declared at the Board's discretion. This reflects Flowserve's ongoing commitment to returning value to shareholders amidst market uncertainties.
Flowserve Corporation (NYSE: FLS) announced its plan to release the fourth quarter and full year 2021 results after market close on February 23, 2022. A conference call is scheduled for February 24, 2022, at 11 a.m. Eastern time, where CEO Scott Rowe and management will discuss the results. The earnings materials will be accessible on their website under the Investor Relations section. Flowserve is a leading provider of fluid motion and control products and services, operating in over 50 countries.
Flowserve Corporation (NYSE: FLS) has declared a quarterly cash dividend of $0.20 per share on its common stock, payable on January 14, 2022, to shareholders on record as of December 30, 2021. The company aims to maintain regular dividends in the future; however, dividends will be reviewed and declared at the Board's discretion. This announcement reflects Flowserve's commitment to providing returns to shareholders amid ongoing operational challenges and market uncertainties.
Flowserve Corporation (NYSE: FLS) will have its CEO, Scott Rowe, present at the 9th Annual Credit Suisse Industrial Conference on December 2, 2021, at 8:10 a.m. EST. The presentation will be available via a webcast for shareholders and interested parties on the company's Investor Relations page. Flowserve is a leading provider of fluid motion and control products, operating in over 55 countries and specializing in pumps, seals, valves, and flow management services. Further details can be accessed on their website.
Flowserve Corporation (NYSE: FLS) announced that Amy Schwetz, CFO, will present at the Baird 2021 Global Industrial Conference on November 9, 2021, from 12:25 to 12:55 p.m. EST. The event will be held virtually, and a webcast will be available on the company's investor relations page at www.flowserve.com.
Flowserve is a global leader in fluid motion and control products, offering services across over 55 countries, including engineered and industrial pumps, seals, and valves.
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