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Gardner Denver, Inc. Reports Second Quarter Results

04.08.2003 -

Gardner Denver, Inc. announced that revenues for the three months ended June 30, 2003 were $109.4 million, a 4% increase compared with the second quarter of the previous year and an 8% increase compared to the three months ending March 31, 2003. Diluted earnings per share (DEPS) in the three-month period of 2003 were $0.33, compared to $0.34 in the previous year, and 50% better than DEPS of $0.22 in the first quarter of 2003.

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  • Pentair Completes $700 Million Refinancing

    28.07.2003 -

    Pentair announced that it has completed two new financing arrangements totaling $700 million effective today. The new arrangements comprise a $200 million private placement of senior notes with a 10-year maturity, and a $500 million revolving credit facility with maturity in three years.

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    BWT Sales and Earnings Performance 2003

    25.07.2003 -

    Sales and earnings performance of BWT is in 2003 considerably impaired by the weak semiconductor industry business. Due to the decline in the semiconductor industry business of the “AST – Aqua Systems Technologies” division, the Management Board is reducing the sales and earnings forecasts of the BWT Group for 2003.

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