September 28, 2023
Flowserve Hosts 2023 Analyst Day and Issues 2027 Financial Targets
Establishes 2027 financial targets 2 including 5%+ revenue CAGR targeting $5.0 billion , with 14-16% adjusted operating margins and $4+ per share of adjusted EPS Reaffirms 2023 full year guidance range and provides a preliminary 2024 financial outlook 2 comprised of mid-single digit revenue growth, ...
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September 20, 2023
Flowserve Appoints Cheryl H. Johnson to Board of Directors
DALLAS --(BUSINESS WIRE)--Sep. 20, 2023-- Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that its board of directors has elected Cheryl H. Johnson as a member of its board of directors, effective ...
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September 5, 2023
Flowserve Announces 2023 Analyst Day
DALLAS --(BUSINESS WIRE)--Sep. 5, 2023-- Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced it plans to hold its 2023 Analyst Day meeting on September 28, 2023 , in New York City . ...
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August 31, 2023
Flowserve and Velan Extend the Outside Date of their Arrangement Agreement
DALLAS, Texas & MONTREAL, Canada --(BUSINESS WIRE)--Aug. 31, 2023-- Flowserve Corporation (NYSE: FLS) and Velan Inc. (“Velan”) (TSX: VLN) today announced that they have extended the outside date (the “Outside Date”) of the arrangement agreement made as of February 9, 2023 , among Velan, 14714750 ...
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August 16, 2023
Flowserve Announces Quarterly Cash Dividend of $0.20 Per Share
DALLAS --(BUSINESS WIRE)--Aug. 16, 2023-- Flowserve Corporation , (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per share on the company's ...
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August 1, 2023
Flowserve and Velan Extend the Outside Date of their Arrangement Agreement
DALLAS & MONTREAL --(BUSINESS WIRE)--Aug. 1, 2023-- Flowserve Corporation (NYSE: FLS) and Velan Inc. (“Velan”) (TSX: VLN) today announced that they have extended the outside date (the “Outside Date”) of the arrangement agreement made as of February 9, 2023 , among Velan, 14714750 Canada Inc. ...
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August 1, 2023
Flowserve Corporation Reports Second Quarter 2023 Results; Raises 2023 Financial Guidance
Raised full-year Revenue and Adjusted EPS guidance range as a result of strong year-to-date results and increased expectations for the remainder of the year Reported and Adjusted 1 Earnings Per Share (EPS) 4 grew 15 and 73 percent year-over-year to 39 cents and 52 cents , respectively Achieved ...
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July 20, 2023
Flowserve Announces Dates for Second Quarter 2023 Financial Results
DALLAS --(BUSINESS WIRE)--Jul. 20, 2023-- Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its results for the second quarter 2023 after the close of the New York Stock Exchange ...
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June 5, 2023
Flowserve Releases 2022 ESG Report Detailing Climate, Culture and Core Responsibility Approach
DALLAS --(BUSINESS WIRE)--Jun. 5, 2023-- Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the release of its 2022 Environmental, Social and Governance (ESG) Report outlining the company’s commitment to ...
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June 1, 2023
Flowserve to Participate in June Investor Conferences
DALLAS --(BUSINESS WIRE)--Jun. 1, 2023-- Flowserve Corporation , (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it will participate in two upcoming conferences this month. ...
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May 31, 2023
Flowserve Announces Quarterly Cash Dividend of $0.20 Per Share
DALLAS --(BUSINESS WIRE)--May 31, 2023-- Flowserve Corporation , (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per share on the company's ...
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May 30, 2023
Flowserve Holds 2023 Annual Meeting of Shareholders
DALLAS --(BUSINESS WIRE)--May 30, 2023-- Flowserve Corp. (NYSE: FLS) (the “Company”), a leading provider of flow control products and services for the global infrastructure markets, held its virtual 2023 Annual Meeting of Shareholders on May 25, 2023 . ...
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May 4, 2023
Flowserve to Present at Goldman Sachs Industrials & Materials Conference and Participate Virtually in the Oppenheimer 18th Annual Industrial Growth Conference
DALLAS --(BUSINESS WIRE)--May 4, 2023-- Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Amy Schwetz , chief financial officer, will participate in a fireside chat at the Goldman Sachs Industrials ...
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May 1, 2023
Flowserve Corporation Reports First Quarter 2023 Results; Raises 2023 Financial Guidance
Reported and Adjusted 1 Earnings Per Share (EPS) of 20 cents and 40 cents , respectively Achieved fifth consecutive quarter of bookings above $1 billion with $1.06 billion delivered in the first quarter; driven by strong MRO and Aftermarket activity and combined with the continued success of the 3D ...
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April 12, 2023
Flowserve Announces Dates for First Quarter 2023 Financial Results
DALLAS --(BUSINESS WIRE)--Apr. 12, 2023-- Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its results for the first quarter 2023 after the close of the New York Stock Exchange ...
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April 12, 2023
Flowserve Appoints Thomas Okray to Board of Directors
DALLAS --(BUSINESS WIRE)--Apr. 12, 2023-- Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that its board of directors has elected Thomas Okray as a member of its board of directors and audit committee, ...
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March 21, 2023
Flowserve to Present at Bank of America’s Global Industrials Conference and Attend the UBS 17th Annual Infrastructure Conference
DALLAS --(BUSINESS WIRE)--Mar. 21, 2023-- Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe , president and chief executive officer, will participate in a fireside chat at the 2023 Bank ...
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March 1, 2023
Flowserve Announces Quarterly Cash Dividend of $0.20 Per Share
DALLAS --(BUSINESS WIRE)--Mar. 1, 2023-- Flowserve Corporation , (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per share on the company's ...
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February 28, 2023
Flowserve and Clariter Announce Collaboration Agreement to Reduce Plastic Waste Through Commercial-Scale Chemical Recycling Plants
DALLAS & LUXEMBOURG--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, and Clariter, a global cleantech pioneer, announced today that the companies have entered into a strategic ...
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February 21, 2023
Flowserve Corporation Reports Fourth Quarter and Full Year 2022 Results
Reported and Adjusted Fourth Quarter Earnings Per Share (EPS) of 92 cents and 63 cents , respectively Fourth quarter bookings increased 14.2% year-over-year to $1.11 billion Full year 2022 Reported and Adjusted EPS of $1.44 and $1.10 , respectively 3D growth strategy, combined with supportive ...
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February 17, 2023
Flowserve to Present at Gabelli Funds’ 33RD Annual Pump, Valve and Water Systems Symposium and Citi’s 2023 Global Industrial Tech and Mobility Conference
DALLAS --(BUSINESS WIRE)--Feb. 17, 2023-- Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe , president and chief executive officer, will participate in a fireside chat at the 33rd Annual ...
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February 10, 2023
Flowserve Announces Preliminary Fourth Quarter 2022 Results and Initiates 2023 Guidance
Flowserve expects fourth quarter 2022 bookings of $1.1 billion , revenues of approximately $1.0 billion and Adjusted EPS [1] of 59 to 63 cents Initiates 2023 guidance metrics, excluding contribution from Velan acquisition which was announced separately today Expects 2023 revenue growth of 9% to 11% ...
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February 10, 2023
Flowserve to Acquire Velan in an All-cash Transaction Valued at Approximately $245 million (C$329 million)
Accelerates Flowserve’s 3D Strategy and provides meaningful aftermarket revenues Velan brings a highly complementary valve portfolio to Flowserve’s FCD segment Transaction expected to be accretive to Flowserve’s Adjusted EPS in first full year after close Transaction provides compelling value to ...
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January 10, 2023
Flowserve to Support the Development of Aramco’s Landmark Jafurah Project
DALLAS --(BUSINESS WIRE)--Jan. 10, 2023-- Flowserve Corporation (NYSE:FLS) (the “company”) will support the construction of Aramco’s Jafurah project, one of the largest commercial unconventional gas fields being developed in the Kingdom of Saudi Arabia . ...
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