DALLAS–(Business enterprise WIRE)–Flowserve Corporation (NYSE: FLS), a main company of circulation management products and providers for the world infrastructure marketplaces, now declared that it programs to release its final results for the fourth quarter and comprehensive yr 2020 right after the near of the New York Stock Exchange (NYSE) on Thursday, February 18.
The pursuing morning, on Friday, February 19, the organization will keep its meeting contact with the fiscal community at 11 a.m. Eastern time. Scott Rowe, president and chief govt officer, and other associates of administration will current.
The earnings materials and webcast of the conference phone can be accessed by shareholders and other fascinated get-togethers at www.flowserve.com less than the “Trader Relations” area.
About Flowserve: Flowserve Corp. is just one of the world’s foremost suppliers of fluid movement and regulate merchandise and providers. Operating in much more than 55 nations around the world, the business provides engineered and industrial pumps, seals and valves as nicely as a range of related stream administration services. Much more info about Flowserve can be obtained by visiting the company’s Internet internet site at www.flowserve.com.
Safe and sound Harbor Assertion: This news launch consists of ahead-looking statements inside of the meaning of Segment 27A of the Securities Act of 1933 and Section 21E of the Securities Trade Act of 1934, which are created pursuant to the protected harbor provisions of the Personal Securities Litigation Reform Act of 1995, as amended. Phrases or phrases this kind of as “may possibly,” “should,” “expects,” “could,” “intends,” “options,” “anticipates,” “estimates,” “believes,” “forecasts,” “predicts” or other equivalent expressions are intended to establish forward-seeking statements, which consist of, without having limitation, earnings forecasts, statements relating to our small business system and statements of anticipations, beliefs, future options and procedures and anticipated developments relating to our marketplace, organization, functions and monetary performance and affliction.
The ahead-hunting statements bundled in this news release are based on our present anticipations, projections, estimates and assumptions. These statements are only predictions, not ensures. These kinds of forward-seeking statements are subject matter to various pitfalls and uncertainties that are tough to predict. These hazards and uncertainties might lead to true final results to vary materially from what is forecast in these types of forward-wanting statements, and contain, devoid of limitation, the pursuing: a part of our bookings could not direct to done gross sales, and our capacity to convert bookings into revenues at satisfactory earnings margins modifications in worldwide economic situations and the prospective for unforeseen cancellations or delays of shopper orders in our noted backlog our dependence on our customers’ capacity to make required funds investment decision and routine maintenance expenditures dangers linked with charge overruns on fastened-price initiatives and in taking client orders for substantial elaborate custom made engineered goods the considerable dependence of our income on the accomplishment of the oil and gas, chemical, ability technology and h2o administration industries the adverse impact of unstable uncooked materials price ranges on our products and solutions and functioning margins our means to execute and know the envisioned financial advantages from our strategic manufacturing optimization and realignment initiatives economic, political and other challenges associated with our intercontinental operations, together with military services steps or trade embargoes that could influence consumer markets, particularly Middle Eastern markets and world-wide oil and gasoline producers, and non-compliance with U.S. export/re-export handle, overseas corrupt follow guidelines, financial sanctions and import legal guidelines and regulations enhanced ageing and slower assortment of receivables, specifically in Latin The us and other rising markets our exposure to fluctuations in foreign forex exchange premiums, which include in hyperinflationary nations around the world this sort of as Venezuela our furnishing of solutions and expert services to nuclear electrical power plant services and other important procedures prospective adverse effects ensuing from litigation to which we are a occasion, this kind of as litigation involving asbestos-that contains product claims a foreign authorities investigation concerning our participation in the United Nations Oil-for-Food stuff Method anticipations concerning acquisitions and the integration of obtained organizations our capability to foresee and control cybersecurity threat, which includes the risk of prospective business disruptions or economical losses our relative geographical profitability and its effects on our utilization of deferred tax assets, like international tax credits the possible adverse effect of an impairment in the carrying benefit of goodwill or other intangible belongings our dependence upon third-occasion suppliers whose failure to complete well timed could adversely impact our company functions the highly aggressive mother nature of the marketplaces in which we function environmental compliance charges and liabilities likely perform stoppages and other labor matters our inability to protect our mental residence in the U.S., as effectively as in international nations around the world obligations under our defined gain pension strategies and other components described from time to time in our filings with the Securities and Exchange Commission.
All forward-hunting statements provided in this news launch are centered on information out there to us on the date hereof, and we suppose no obligation to update any forward-wanting statement.