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Flowserve Sales Up 4.3% in 2013

Flowserve Corporation (NYSE: FLS), Dallas, TX, reported full year sales for 2013 of $5 billion, an increase of 4.3 percent from 2012. Profit increased 8.3 percent to $485.5 million from the previous year.

Fourth quarter sales were $1.4 billion, an increase of 4.6 percent from the same period the previous year. Profit decreased slightly to $141.1 million

“I am pleased with our solid finish to 2013 and the continued momentum we demonstrated through the fourth quarter," said Mark Blinn, president and CEO of Flowserve. "We expect to leverage our disciplined customer focus, business synergies and improving operating platform to further capitalize on anticipated growth opportunities in 2014.”

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