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LATEST NEWS - Financial News

Franklin Electric Reports First Quarter 2019 Sales and Earnings

26.04.2019 -

Franklin Electric reported first quarter 2019 GAAP fully diluted earnings per share (EPS) of $0.19, versus a GAAP fully diluted EPS in the first quarter 2018 of $0.45. First quarter 2019 sales were $290.7 million, compared to 2018 first quarter sales of $295.6 million. First quarter EPS before the impact of restructuring expenses was $0.21 compared to 2018 first quarter EPS before restructuring of $0.45.

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  • Van Leeuwen Pipe and Tube Group Reports High Profit in 2018

    23.04.2019 -

    The 2018 result of the Van Leeuwen Pipe and Tube Group further improved as compared to previous years. Market circumstances and economic activity were favorable in most business segments. The network was expanded with an acquisition in Germany. Van Leeuwen made further investments in distribution and service facilities as well as in innovative solutions for the customer.

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    McIlvaine: Hydraulic Fracturing Presents a Most Profitable Market Opportunity for Pump Manufacturers

    25.03.2019 -

    The hydraulic fracturing pump market is one of the Most Profitable Markets (MPM) for pump suppliers. It is large and will grow at close to double digit rates in the next few years. The application is extremely challenging. This creates a situation where a better designed pump can be sold at a much higher price. The repair part market is bigger than the new equipment market. So this creates a large combined market.

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    Andritz Group: Solid Business Development with Record Order Intake

    21.03.2019 -

    International technology group Andritz saw solid business development overall in the 2018 business year. At over 6.6 billion euros, the order intake reached a historic high, thus creating a good order backlog for 2019. The Executive Board will propose an unchanged dividend – compared to last year – of 1.55 euros per share to the Annual General Meeting. This is equal to an attractive dividend yield of approximately 3.5 percent based on the current Andritz share price.

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