Flowserve ( (FLS) ) has released its Q4 earnings. Here is a breakdown of the information Flowserve presented to its investors.
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Flowserve Corporation is a prominent supplier of flow control products and services, specializing in engineered and industrial pumps, seals, and valves for global infrastructure markets. Based in Dallas, Flowserve operates across more than 50 countries, delivering a range of flow management solutions.
In its latest earnings report, Flowserve showed promising financial growth for the fourth quarter and the full year ending December 31, 2024. The corporation highlighted significant increases in bookings, particularly noting a 40% year-over-year rise in power bookings and substantial growth in its nuclear sector.
The financial performance metrics were robust, with fourth-quarter bookings hitting $1.2 billion, including $618 million from aftermarket activities. The gross margin improved by 240 basis points year-over-year, while operating income rose by 14%. The company also initiated its 2025 guidance, forecasting organic sales growth between 3% and 5% and projecting an adjusted EPS of $3.10 to $3.30.
Flowserve’s management remains optimistic about the future, citing ongoing demand and increased operational efficiency as key drivers for sustained growth. With its strategic initiatives and emphasis on decarbonization investments, Flowserve is well-positioned to continue delivering value to its stakeholders in the near and long term.
