DALLAS – (BUSINESS WIRE) – Sept. July 2021–
Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services to the global infrastructure markets, today announced that it will post second quarter 2021 results after the New York Stock Exchange (NYSE) closes on Thursday, 5.08.
The following morning, Friday, August 6, the company will hold its conference call with the financial community at 11:00 AM Eastern Time. Scott Rowe, President and Chief Executive Officer, and other members of management will be presenting.
The conference call outcome materials and webcast are available to shareholders and other interested parties at www.flowserve.com under the Investor Relations section.
About Flowserve: Flowserve Corp. is one of the world’s leading providers of fluid movement and control products and services. The company operates in more than 55 countries and produces technical and industrial pumps, seals and valves and a range of related flow management services. For more information about Flowserve, please visit the company’s website at www.flowserve.com.
Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended Version. Words or phrases such as “could”, “should”, “expects”, “could”, “intends”, “planet”, “expects”, “estimates”, “believes”, “predicts”, “predicts” or other similar Terms are intended to identify forward-looking statements, including but not limited to earnings projections, statements about our business strategy, and statements about expectations, beliefs, future plans and strategies, and expected developments regarding our industry, our business, our operations, and our financial performance and condition.
The forward-looking statements contained in this press release are based on our current expectations, forecasts, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties could cause actual results to differ materially from those projected in such forward-looking statements, and include, without limitation, the following: some of our bookings may not result in closed sales and our ability to convert bookings into revenue at acceptable profit margins; Changes in global economic conditions and the potential for unexpected cancellations or delays of customer orders in our reported backlog; our reliance on our customers’ ability to make the necessary capital investments and maintenance expenses; Risks associated with cost overruns on fixed price projects and accepting customer orders for large complex custom products; the strong reliance of our sales on the success of the oil and gas, chemical, power generation, and water industries; the negative impact of volatile commodity prices on our products and operating margins; our ability to execute and realize the anticipated financial benefits of our strategic manufacturing optimization and realignment initiatives; economic, political and other risks associated with our international operations, including military actions or trade embargoes that could affect customer markets, particularly Middle Eastern markets and global oil and gas producers, as well as non-compliance with US export / re-export controls, foreign corruption practice laws , Economic sanctions and import laws and regulations; aging and slower collection of debts, especially in Latin America and other emerging economies; our exposure to exchange rate fluctuations, including in hyperinflationary countries such as Venezuela; our supply of products and services for nuclear power plants and other critical processes; the potential adverse consequences of any litigation in which we are involved, such as litigation involving material claims containing asbestos; a foreign government inquiry into our participation in the United Nations Oil for Food program; Expectations regarding acquisitions and the integration of acquired companies; our ability to anticipate and manage cybersecurity risks, including the risk of potential business disruption or financial loss; our relative geographic profitability and its impact on our use of deferred tax assets, including foreign tax credits; the potentially adverse effects of an impairment of the carrying amount of goodwill or other intangible assets; our reliance on third parties whose failure to perform in a timely manner could affect our business operations; the highly competitive nature of the markets in which we operate; Environmental compliance costs and liabilities; possible work stoppages and other labor law matters; our inability to protect our intellectual property in the US and abroad; Obligations from our defined benefit pension plans; and other factors as described from time to time in our filings with the Securities and Exchange Commission.
All forward-looking statements contained in this press release are based on information available to us as of the date of this release and we assume no obligation to update any forward-looking statements.
View source version on businesswire.com: https: //www.businesswire.com/news/home/20210729005602/en/
CONTACT: Flowserve contacts
Investor contacts:
Jay Roueche, Vice President, Investor Relations & Treasurer, (972) 443-6560
Mike Mullin, Director, Investor Relations, (972) 443-6636
Lars Rosene, Vice President, Corporate Communications & Public Affairs, (972) 443-6644
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: ENGINEERING OTHER ENERGY OIL / GAS PRODUCTION ENERGY OTHER PRODUCTION
SOURCE: Flowserve Corporation
Copyright Business Wire 2021.
PUB: 07/29/2021 8:05 am / DISC: 07/29/2021 8:06 am
http://www.businesswire.com/news/home/20210729005602/en
Copyright Business Wire 2021.
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