IN FOCUS

Thanks to robust growth in small and mid-sized orders, GEA s order intake in the first quarter of 2017 almost matched the level of the previous year.

Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, reported results for the fiscal 2017 third quarter ended March 31, 2017. Fiscal 2017 third quarter sales increased 10 percent to $3.12 billion compared with $2.83 billion in the prior year quarter.

The Gorman-Rupp Company (NYSE MKT: GRC) reports financial results for the first quarter ended March 31, 2017.

In the first quarter of 2017, Sulzer achieved an order intake of CHF 757.6 million compared with CHF 684.6 million in the same period of the previous year. Adjusted for currency effects, the growth rate was 11.1%. Adjusted for currency and acquisition effects, orders grew by 2.0%. Order intake increased in all divisions with the exception of Chemtech.

On the occasion of its Annual General Meeting, GEA released selected preliminary key figures for the first quarter of 2017.

National Oilwell Varco, Inc. reported a first quarter 2017 net loss of $122 million, or $0.32 per share. Excluding other items, net loss for the quarter was $63 million, or $0.17 per share. Other items totaled $37 million, pretax, and primarily consisted of charges related to severance and facility closures.

Operators of ultrapure water systems in power plants, pharmaceutical, semiconductor and other industries requiring ultrapure water will invest $5 billion in hardware, consumables and services this year to provide high purity water for manufacturing processes.

Xylem will update its 2020 financial guidance and showcase the broad portfolio of smart infrastructure technologies and solutions provided by its Sensus and Visenti businesses.

Municipal water, wastewater treatment and distribution facilities are embracing automation and remote operation and monitoring. The Industrial Internet of Things (IIoT) empowered by the Industrial Internet of Wisdom (IIoW) will have a $15 billion impact on the market by 2026 and will divert another $16 billion through different market routes.

Pfeiffer Vacuum posts very successful FY 2016 and expects positive development to continue.