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Flowserve (FLS) Gains From Business Strength Amid Risks
FLSFlowserve(FLS) Zacks Investment Research·2024-04-01 13:46

Flowserve Corporation (FLS) has been benefiting from robust bookings driven by strong maintenance, repair, operations and aftermarket activity. Solid booking levels highlight strength across the company’s end markets. FLS’ Diversify, Decarbonize and Digitize strategy has also been supporting its growth. Notably, its fourth-quarter bookings of 1.04billionmarkedtheeighthconsecutivequarterofmorethan1.04 billion marked the eighth consecutive quarter of more than 1 billion bookings.Strength across its original equipment and aftermarket businesses are supporting b ...