Q2 2025 Financial Performance - Sales increased by 92% to $5772 million compared to Q2 2024[8] - Operating profit increased by 152% to $1029 million compared to Q2 2024[8] - Earnings per share from continuing operations increased by 202% to $137[8] - Adjusted EBITDA increased by 164% to $1219 million[8] - Core growth was +65%, acquisitions contributed +18%, and FX translation added +09% to total sales change[9] Aerospace & Electronics Segment - Sales increased by 118% to $2582 million compared to Q2 2024[11] - Operating profit increased by 288% to $679 million compared to Q2 2024[11] - Backlog increased by 292% to $10528 million[11] - Core growth was +116%, and FX translation added +02% to total sales change[12] Process Flow Technologies Segment - Sales increased by 72% to $3190 million compared to Q2 2024[14] - Operating profit increased by 74% to $639 million compared to Q2 2024[14] - Backlog increased by 08% to $4031 million[14] - Core growth was +26%, acquisitions contributed +32%, and FX translation added +14% to total sales change[15] Acquisition of PSI - Agreement to purchase Precision Sensing and Instrumentation (PSI) from Baker Hughes for $1060 million, net of an expected tax benefit with an NPV of $90 million[20] - PSI's forecast 2025 adjusted EBITDA is approximately $60 million[20]

Baker Hughes Company (BKR) M&A Announcement July 29, 2025 08:30 AM ET Speaker0Ladies and gentlemen, thank you for standing by. My name is Margot, and I'll be your conference operator today. I would like to welcome everyone to the conference call to discuss Baker Hughes Acquisition of Chart Industries.At this time, all participants are in a listen only mode. Later, we will conduct a question and answer session and instructions will follow at that time. As a reminder, this conference call is being recorded. I ...

Acquisition of Chart Industries Executing our strategic vision to be an Energy & Industrial Technology leader July 29, 2025 • July 28, 2025 This presentation (and oral statements made regarding the subjects of this presentation) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended (each a "forward-looking statement"). All statements, other than historical facts, including statements regarding ...

Summary of Flowserve and Chart Industries Conference Call Industry and Companies Involved - **Companies**: Flowserve Corporation and Chart Industries - **Industry**: Industrial Process Technologies Core Points and Arguments 1. **Merger Announcement**: The merger between Chart and Flowserve is described as transformational, creating a leader in industrial process technologies with a comprehensive portfolio of flow and thermal management solutions [4][5][6] 2. **Ownership Structure**: The merger is structured as an all-stock merger of equals, with Chart shareholders owning approximately 53.5% and Flowserve shareholders owning approximately 46.5% of the combined company [7][8] 3. **Cost Synergies**: The merger is expected to drive approximately $300 million in annual cost synergies, primarily from materials and procurement savings, roofline consolidation, and organization efficiencies [7][21] 4. **Revenue Synergies**: An additional 2% growth in revenue is anticipated from commercial revenue synergies over time [21][52] 5. **Financial Profile**: The combined company is projected to have combined revenue of $800 million and $1.8 billion in cash flow over the twelve months ended March 31, 2025 [9][25] 6. **Market Opportunities**: The merger positions the companies to capitalize on macro trends such as energy intensity, energy security, and decarbonization, with a focus on high-growth end markets [10][11] 7. **Aftermarket Business**: The combined aftermarket business is expected to generate significant recurring revenue, with a global installed base of nearly 5.5 million assets, creating a $4 billion aftermarket franchise [19][61] 8. **Digital Integration**: The merger will enhance digital capabilities, allowing for better monitoring and predictive maintenance of assets, which is expected to drive further growth in the aftermarket segment [62][63] 9. **Geographic Expansion**: The merger will allow both companies to leverage each other's geographic strengths, particularly in regions where one company has a stronger presence [48][49] 10. **Cultural Integration**: Both companies emphasize a shared commitment to safety, innovation, and community, which will be integral to the combined company's culture [27][28] Important but Overlooked Content 1. **Regulatory Considerations**: The merger is expected to face minimal regulatory concerns, with no significant overlap in product offerings that could raise antitrust issues [95] 2. **LNG Market Role**: LNG is projected to account for 9% of the combined company's revenues, highlighting its importance in the overall strategy [116] 3. **Leverage and Financial Strategy**: The combined company aims for a conservative leverage ratio of 2 times net debt to adjusted EBITDA at close, with plans for future shareholder returns through dividends and share buybacks [25][121] 4. **Integration Management**: An integration management office will be established to ensure effective synergy realization post-merger [85] This summary encapsulates the key points discussed during the conference call, providing a comprehensive overview of the merger's implications for both companies and the industry at large.

Chart Industries (GTLS) M&A Announcement June 04, 2025 08:00 AM ET Speaker0 Hello, and welcome to the Chart Industries and Flowserve Corporation Conference Call. Following prepared remarks, instructions will be provided for the question and answer session. As a reminder, today's conference call is being recorded. Turning to Slide two, the discussion will contain forward looking statements that are based upon information available as of today. Actual results may differ due to risks and uncertainties, and the ...

I N V E S T O R P R E S E N T A T I O N J u n e 4 , 2 0 2 5 Chart Industries and Flowserve Corporation to Combine in Merger of Equals Chart Industries + Flowserve 1 Important Disclosures Important Information about the Transaction and Where to Find It This communication may be deemed to be solicitation material in respect of the proposed merger transaction between Chart Industries, Inc. ("Chart") and Flowserve Corporation ("Flowserve"). In connection therewith, the parties intend to file relevant materials ...