IN FOCUS

GEA Group Aktiengesellschaft will be included in the Dow Jones Sustainability World Index (DJSI World) for the first time. As of December 18, 2023, GEA is the only German company to be newly added to the DJSI World. GEA will also remain a member of the DJSI Europe for the second consecutive year.

Xylem Inc. recently reported its third-quarter results. The Company’s total revenue was $2.1 billion, with reported growth of 50 percent and organic growth of 10 percent, surpassing prior guidance, on strong commercial and operational execution and resilient demand.

The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter ended September 30, 2023.

Franklin Electric Co., Inc. announced its third quarter financial results for fiscal year 2023. Third quarter 2023 net sales were $538.4 million, compared to third quarter 2022 net sales of $551.7 million. Third quarter 2023 operating income was $78.1 million, compared to third quarter 2022 operating income of $80.0 million. Third quarter 2023 EPS was $1.23, versus EPS in the third quarter 2022 of $1.24.

GEA continued its positive performance of recent years in the second quarter of 2023 despite a slight decline in order intake. The key performance indicators of organic revenue, EBITDA before restructuring expenses and ROCE, again show a significant improvement compared with the prior-year quarter.

Watts Water Technologies, Inc. announced results for the second quarter of 2023.

Xylem Inc. reported second-quarter results, which include the May 24 acquisition of Evoqua Water Technologies Corp. The Company reported total revenue of $1.7 billion, with reported growth of 26 percent and organic growth of 15 percent, surpassing prior guidance, on strong commercial and operational execution.

International technology group ANDRITZ significantly increased revenue and earnings in the first half of 2023 compared to the first six months of the previous year despite the cooling global economy.

Pfeiffer Vacuum Technology AG announced results for the first half of 2023. Sales increased by 12.7% to EUR 496.7 million compared to the previous year, the highest sales level in the history of the Company within a half-year period (H1 2022: EUR 440.6 million).

Pentair plc announced second quarter 2023 sales of $1.1 billion. Sales were up 2 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 7 percent in the second quarter.