Workflow
Flowserve(FLS)
icon
Search documents
FLSmidth to deliver 18 of the world’s largest steel media tower mills, plus pumps and cyclones to one of largest and most efficient iron ore plants
GlobeNewswire· 2025-02-25 10:59
PRESS RELEASE 25 February 2025, Copenhagen, Denmark Following a long-standing relationship, an Indian mining customer has awarded FLSmidth with the largest single order for the world’s largest size steel media tower mills. The mills are to be delivered at what is set to become one of the largest and most efficient iron ore beneficiation plants globally, reinforcing FLSmidth’s global leadership in energy-efficient grinding technology. The order includes the delivery of 18 vertical tower mills (called FTM-5 ...
FLSmidth 2024 Annual Report: Improved profitability and solid progress on key transformation efforts
GlobeNewswire· 2025-02-20 06:27
COMPANY ANNOUNCEMENT NO. 1-2025 20 February 2025, Copenhagen, Denmark Today, FLSmidth’s Board of Directors approved the Annual Report for 2024. Highlights in 2024: Mining Service order intake increased by 2% compared to 2023 reflecting continued stability of mining service marketAdditional improvements in underlying profitability with Mining Adjusted EBITA margin of 13.1%Cement order intake decreased by 22% compared to reflecting recent divestments and continued pruning of the product portfolioCement Adjus ...
Flowserve(FLS) - 2024 Q4 - Earnings Call Transcript
2025-02-20 03:28
Flowserve Corporation (NYSE:FLS) Q4 2024 Earnings Conference Call February 19, 2025 10:00 AM ET Company Participants Brian Ezzell - VP, IR, Treasurer and Corporate Finance Scott Rowe - President and CEO Amy Schwetz - CFO Conference Call Participants Nathan Jones - Stifel Deane Dray - RBC Capital Markets Mike Halloran - Baird Joe Giordano - TD Cowen Brett Linzey - Mizuho Brian Ezzell Good day, and welcome to the Flowserve Fourth Quarter and Year End 2024 Earnings Conference Call. Today's conference is being ...
Flowserve(FLS) - 2024 Q4 - Earnings Call Presentation
2025-02-20 03:28
Q4 2024 EARNINGS CONFERENCE CALL February 19, 2025 FORWARD LOOKING STATEMENT AND NON-GAAP MEASURES Safe Harbor Statement: This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as, "may," "should," "expects," "could," "intends," "plans," "anticipat ...
Flowserve's Q4 Earnings Miss Estimates, Revenues Increase Y/Y
ZACKS· 2025-02-19 15:11
Flowserve Corporation’s (FLS) fourth-quarter 2024 adjusted earnings (excluding 11 cents from non-recurring items) of 70 cents per share missed the Zacks Consensus Estimate of 77 cents. The bottom line increased 2.9% year over year. Results benefited primarily from higher revenues generated in the quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Flowserve’s total revenues of $1.18 billion missed the consensus estimate of $1.21 billion. The top line however increased 1.3% year ...
FLSmidth to significantly expand its global service centre network in 2025, further strengthening its service offerings and customer proximity
GlobeNewswire· 2025-02-19 08:15
PRESS RELEASE 19 February 2025, Copenhagen, Denmark In 2025, leading mining technology and service supplier FLSmidth will open or expand seven service centres in strategic locations across the globe. These facilities are in direct support of FLSmidth’s CORE’26 mining strategy that includes targeting service growth, and adds to the company’s already comprehensive global network of service centres that can enhance mining customers’ productivity. New facilities will open in Accra, Ghana; Surabaja, Indonesia; ...
Compared to Estimates, Flowserve (FLS) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-02-19 01:31
For the quarter ended December 2024, Flowserve (FLS) reported revenue of $1.18 billion, up 1.3% over the same period last year. EPS came in at $0.70, compared to $0.68 in the year-ago quarter.The reported revenue represents a surprise of -2.54% over the Zacks Consensus Estimate of $1.21 billion. With the consensus EPS estimate being $0.77, the EPS surprise was -9.09%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...
Flowserve (FLS) Misses Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-18 23:35
Flowserve (FLS) came out with quarterly earnings of $0.70 per share, missing the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.09%. A quarter ago, it was expected that this company that makes pumps, valves and other parts for the oil and gas industries would post earnings of $0.67 per share when it actually produced earnings of $0.62, deliveri ...
Flowserve(FLS) - 2024 Q4 - Annual Results
2025-02-18 21:17
Exhibit 99.1 Flowserve Corporation Reports Fourth Quarter and Full-Year Results 3D Strategy and Flowserve Business System Deliver Sales and Earnings Growth DALLAS, February 18, 2025 – Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, reported its financial results for the fourth quarter and full year ended December 31, 2024. Highlights (unaudited): Management Commentary: "We made significant progress throughout 2024, launching ...
Flowserve Set to Report Q4 Earnings: Is a Beat in Store?
ZACKS· 2025-02-17 21:01
Flowserve Corporation (FLS) is likely to witness bottom and top-line growth when it reports fourth-quarter 2024 results on Feb. 18, after market close. The Zacks Consensus Estimate for revenues is pegged at $1.2 billion, indicating growth of 3.9% from the prior-year quarter’s figure.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The consensus mark for earnings is pinned at 77 cents per share, which has increased 4.1% in the past 30 days. The figure indicates a jump of 13.2% from th ...