WebAug 5, 2024 · Adjusted gross and operating margins 3 were 31.4% and 8.5%, respectively. Backlog at June 30, 2024 was $1.95 billion, up 5.1% versus December 31, 2024. “Flowserve delivered solid second quarter results, including year-over-year bookings growth of nearly 18 percent, driven by the continued activity in our shorter cycle MRO and … WebApr 10, 2024 · Flowserve is expected to continue building out its more stable and profitable aftermarket presence, which should improve the credit profile. Disciplined Financial Policy: Fitch believes that over the long term, FLS will manage its capital structure toward its targeted leverage (debt/EBITDA) range of 1.5x to 2.0x.
Flowserve Announces Preliminary Fourth Quarter 2024 Results and ...
Web(RTTNews) - Shares of Flowserve Corporation (FLS) slipped nearly 6% in extended trading session on Wednesday after the company lowered its outlook for the full year hurt by … citizenship by investment st kitts
Research: Rating Action: Moody
WebFeb 10, 2024 · This outlook excludes any contribution from the expected acquisition of Velan Inc., which was announced separately today. Additionally, Flowserve’s 2024 … WebOct 7, 2024 · Fitch Ratings - Toronto - 07 Oct 2024: Fitch Ratings has affirmed Flowserve Corporation's (FLS) Long-Term Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook. Fitch has also affirmed the company's senior unsecured revolving credit facility and senior unsecured notes at 'BBB-'. The affirmation and Stable Outlook reflect solid underlying ... WebFeb 23, 2024 · Flowserve (FLS) delivered earnings and revenue surprises of -6.25% and 3.08%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock? citizenship by investment programs cost