Workflow
Solid Booking Level Benefits Flowserve (FLS) Amid Cost Woes
FLSFlowserve(FLS) Zacks Investment Research·2024-02-26 14:11

Flowserve Corporation (FLS) is gaining from record levels of booking driven by strong maintenance, repair, operations, and aftermarket (MRO) activity. Solid booking levels highlight the strength across FLS’ end markets. The company’s Diversify, Decarbonize and Digitize strategy also supports its strong booking levels. Flowserve’s fourth-quarter bookings of 1.04billionmarkedtheeighthconsecutivequarterofmorethan1.04 billion marked the eighth consecutive quarter of more than 1 billion bookings.Increased revenues in the original equipment and aftermarket busines ...