Core Insights - Advansor, part of Dover Food Retail, has launched a new range of CO2 climate solution enclosures aimed at supermarkets, cold storage, and industrial applications, which facilitate faster on-site installation and flexible outdoor placement options [1][3]. Product Features - The entire heating and cooling rack, including modules, can be mounted in the new enclosure, ensuring quick installation and allowing outdoor placement to maximize indoor space [2]. - The enclosures come in two models: medium and large. The medium range offers four sizes up to four meters, while the large range includes six sizes up to ten meters, accommodating larger racks [3]. - The new enclosures are constructed with solid welded steel base frames, a fixed roof for weather protection, and active cooling technology, making them suitable for warm climates [4]. Company Background - Advansor has designed and produced over 16,000 CO2 systems for sustainable commercial and industrial cooling and heating globally since 2006, positioning itself as a market leader in this sector [5]. - Dover Food Retail, part of Dover Corporation, focuses on creating unique food experiences and offers a comprehensive portfolio of innovative solutions to enhance profitability for its customers [6]. - Dover Corporation is a diversified global manufacturer with annual revenue exceeding $8 billion, operating across five segments and employing approximately 25,000 people [7].

Dover Corporation (DOV) announced the acquisition of Criteria Labs, Inc., which would be integrated into DOV's Microwave Products Group ("MPG") within the Engineered Products segment. This move will enable MPG to develop more compact and lightweight designs while maintaining performance and durability. Criteria Labs is a pioneer in radio frequency devices and microelectronic engineering solutions for highreliability applications. The company is primarily based in Austin, TX, where it operates a massive clea ...

DOWNERS GROVE, Ill., Aug. 19, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has acquired Criteria Labs, Inc. ("Criteria Labs"), a leader in radio frequency "RF" device and microelectronic engineering solutions tailored for high-reliability applications in the space, aerospace, defense, commercial semiconductor, automotive, and medical industries. Criteria Labs is now part of the Microwave Products Group (MPG) within Dover's Engineered Products segment. The company's primary location in Aust ...

DOWNERS GROVE, Ill., Aug. 12, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has acquired SPS Cryogenics B.V. ("SPS") and its affiliated business, Special Gas Systems (SGS) B.V. ("SGS"), located in Heerhugowaard, the Netherlands. SPS and SGS are now part of OPW's Clean Energy Solutions business ("OPW CES") within Dover's Clean Energy & Fueling segment. SPS and SGS design, manufacture, and supply vacuum-insulated piping systems for a wide variety of liquified gases like nitrogen, oxygen, carb ...

DOWNERS GROVE, Ill., Aug. 7, 2024 /PRNewswire/ -- Dover Fueling Solutions ("DFS"), a part of Dover (NYSE: DOV) and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industries, today announced the launch of its PetroVend Synergy Fuel Site Controller™ (PetroVend Synergy FSC™), a singular platform to support fleet operations. PetroVend Synergy FSC consolidates multiple functionalities, including advanced Proprietary Card File (PCF) c ...

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DOWNERS GROVE, Ill., Aug. 2, 2024 /PRNewswire/ -- The Board of Directors of Dover Corporation (NYSE: DOV) today increased its quarterly cash dividend to $0.515 (fifty-one and one-half cents) per share, from the previous $0.51 (fifty-one cents) per share, an increase of $0.005 (one-half cent). This is the 69th consecutive year in which the Company has increased its annual cash dividend, demonstrating Dover's longstanding commitment to returning capital to shareholders. This increased dividend will be paid on ...

Dover Corporation (NYSE:DOV) Q2 2024 Earnings Conference Call July 25, 2024 9:30 AM ET Company Participants Richard J. Tobin – President and Chief Executive Officer Brad Cerepak – Senior Vice President and Chief Financial Officer Jack Dickens – Senior Director-Investor Relations Conference Call Participants Andy Kaplowitz – Citigroup Jeff Sprague – Vertical Research Partners Steve Tusa – JPMorgan Andrew Obin – Bank of America Scott Davis – Melius Research Brett Linzey – Mizuho Julian Mitchell – Barclays Joe ...

Segmental Performance The Clean Energy & Fueling segment's revenues were $463 million compared with the prior-year quarter's $441 million. The figure topped our estimate of $448 million. The segment's adjusted EBITDA was $95 million, up from the prior-year quarter's $91 million. The figure topped our estimate of $83.9 million. The Climate & Sustainability Technologies segment's revenues decreased to $437 million from the $449 million reported in the year-earlier quarter. We predicted revenues of $442 millio ...

Dover Corporation (DOV) reported $2.18 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 3.7%. EPS of $2.36 for the same period compares to $2.05 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.15 billion, representing a surprise of +1.32%. The company delivered an EPS surprise of +6.79%, with the consensus EPS estimate being $2.21. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them w ...