IN FOCUS

The infiltration of IIoT and remote O&M into the valve industry will profoundly impact the purchasing approach of plant owners. The 550 largest valve operators are increasingly making decisions for all their plants at the corporate offices.

International technology Group Andritz recorded business development in line with its own expectations in the third quarter of 2017.

In the first nine months of 2017, demand in KSB’s strategically prioritised industry and water / waste water markets was largely fuelled by new investments and replacement needs.

GEA s order intake in the third quarter of 2017 was EUR 1,057 million and 2.5 percent below the previous year´s level.

The Gorman-Rupp Company reports financial results for the third quarter and nine months ended September 30, 2017.

In the first nine months of 2017, currency-adjusted order intake increased by 15.3%, of which 3.7% was organic and 11.6% came from acquisitions. In the third quarter, Sulzer booked CHF 790 million in orders, an organic increase of 7.5% year on year, based on some larger orders and a low base in the previous year. Sulzer is updating its guidance for order intake for the full year and now expects order intake to grow by 10 to 12%.

National Oilwell Varco reported a third quarter 2017 net loss of $26 million, or $0.07 per share. Revenues for the third quarter of 2017 were $1.84 billion, an increase of four % compared to the second quarter of 2017 and an increase of eleven % from the third quarter of 2016. Operating loss for the third quarter was $7 million, or 0.4 % of sales.

Andritz saw satisfactory business development in the first half of 2017.

SGL Group delivered good results for the first half of 2017. Sales and profitability have improved substantially. Sales from continuing operations amounted to 435.3 (prior year period: 379.4) million euros, up by nearly 15 % year-on-year.

In the second quarter of the year, GEA recorded significant year-on-year growth in major orders (volumes exceeding EUR 15 million) in the fields of e.g. dairy, beverage, and coffee projects.