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GF grew again double-digit in 2018 to reach CHF 4,572 million. Free of acquisitions, divestments and currency effects, growth amounted to 7%, well above the 2020 strategy objectives of 3-5% per annum. The main pillar of organic growth has been GF Piping Systems, recording a high 8% organic growth rate for our largest division.

In 2018, Sulzer achieved significant growth in orders, sales and profitability. Orders were up by 8.4% organically and by 12.5% including acquisitions. Sales showed an organic increase of 7.8% and of 11.9% including acquisitions.

The Gorman-Rupp Company reports financial results for the fourth quarter and year ended December 31, 2018.

Parker Hannifin Corporation reported results for the fiscal 2019 second quarter ended December 31, 2018. Fiscal 2019 second quarter sales increased 3% to $3.47 billion compared with $3.37 billion in the prior year quarter.

Xylem Inc. reported fourth quarter 2018 net income of $225 million, or $1.24 per share. Excluding the impact of restructuring, realignment and special charges, the Company delivered adjusted net income of $159 million or $0.88 per share in the quarter, a 16-percent increase over the prior year period.

Pentair plc announced fourth quarter 2018 sales of$741 million. Sales were up 3 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 6 percent in the fourth quarter.

Fact.MR’s new report on mining pumps market offers an exhaustive coverage of the market growth and key factors pushing the sustained growth of the global market landscape. Significant upsurge in mining activities across the globe, driven by proactive investments, is likely to be responsible for the unabated rise in demand for mining pumps. Sales surpassed 3.5 million units by 2018-end.

The global demand for oil refining pumps is expected to surpass 3 million tons by 2019 end, according to a latest Fact.MR report on oil refining pumps market. Rising oil and gas production, and increase in petroleum-based power generation are driving oil refining pumps demand.

Fact.MR’s latest study on rotary pumps market projects bullish growth for the market. The study finds a significant rise in adoption of rotary pumps in a wide range of industrial sectors including oil & gas, water & wastewater, mining, and power generation. On account of widening applications, the rotary pumps market is likely to witness 3.3% in 2018 to exceed US$ 4.4 billion.

The power generation pumps market is likely to witness steady growth, with global demand expected to exceed 4,000,000 units by the end of 2018. The growth of the market is influenced by rising energy demand, especially in the developing regions. Integration of new technologies including sensors to monitor different parameters in the power generation pumps is also on a rise.