IN FOCUS

Pfeiffer Vacuum generated sales of € 198.1 million during the first six months of 2014 during which an EBIT margin of 10.4 percent was achieved. This result is broadly in line with management’s expectations communicated at the AGM.

Countries in the Middle East will spend nearly $2.2 billion for pumps next year. This is the latest forecast in Pumps World Market, published by the McIlvaine Company.

Parker Hannifin Corporation reported results for the fiscal 2014 fourth quarter and full year ended June 30, 2014. Fiscal 2014 sales were a record at $13.2 billion, compared with $13.0 billion in fiscal 2013.

Pentair plc announced second quarter 2014 sales of $1.9 billion. Sales were down 3 percent compared to sales for the same period last year. Adjusted second quarter 2014 earnings per diluted share (“EPS”) were $1.04, up 13 percent from adjusted EPS of $0.92 in the second quarter of last year.

Franklin Electric Co., Inc. announced that it has completed two acquisitions in India.

National Oilwell Varco reported that for its second quarter ended June 30, 2014, it earned net income of $619 million, or $1.44 per fully diluted share, compared to first quarter ended March 31, 2014 net income of $589 million, or $1.37 per fully diluted share.

China will be the leading purchaser of water and wastewater treatment chemicals in 2015. Purchases will exceed $5.7 billion according to the latest forecast in McIlvaine Water and Wastewater Treatment Chemicals World Market. Corrosion inhibitor purchases alone will exceed $1.4 billion.

Crane Co. reported second quarter 2014 earnings of $1.00 per diluted share, compared to $0.93 per share in the second quarter of 2013. Second quarter 2014 results included Special Items of $9.3 million in after-tax charges, or $0.15 per share.

The Gorman-Rupp Company reports financial results for the second quarter ended June 30, 2014.

Franklin Electric Co. reported second quarter 2014 adjusted earnings per share (EPS) of $0.60 compared to 2013 second quarter adjusted EPS of $0.59, a 2 percent increase. In the second quarter of 2014, the Company’s GAAP fully diluted EPS was $0.55 which was down 5 percent to the GAAP fully diluted EPS from the second quarter of 2013.