财务数据和关键指标变化 - 公司第一季度营收近10亿美元,为2015年以来最高第一季度销售水平 [6][10] - 第一季度调整后毛利率超过30%,达到重要的里程碑 [20] - 第一季度调整后营业利润率达到8.3%,同比增加500个基点,实现34%的增量利润率 [22] 各条业务线数据和关键指标变化 - 流体控制部门(FCD)和流体推进部门(FPD)的毛利率和营业利润率均有大幅提升 [20][22] - 流体控制部门(FCD)和流体推进部门(FPD)的订单和收入均实现两位数增长 [18] 各个市场数据和关键指标变化 - 化工和一般工业市场订单同比增长11% [13] - 电力和油气市场订单同比下降32%和4% [13] - 中东非洲和拉丁美洲地区销售同比大幅增长,其他地区也实现中高个位数增长 [19] 公司战略和发展方向及行业竞争 - 公司看好能源安全和能源转型两大主题,这两大主题为公司的3D战略(多元化、减碳、数字化)带来增长机会 [8][35] - 公司项目管线处于历史最高水平,包括核电、液化天然气、化石燃料电厂等能源安全项目,以及氢能、碳捕集等能源转型项目 [8][35] - 公司正在提高项目选择的严格性,更加注重项目的利润率 [92][98] - 行业整体产能利用率提高,公司有望获得更好的定价 [92][98] 管理层对经营环境和未来前景的评论 - 公司对2023年及以后的前景保持乐观,认为能源安全和能源转型将为公司带来长期增长机会 [8][15] - 公司内部的运营改善措施正在发挥作用,有助于提高公司的执行能力 [9][44] - 公司预计2023年全年营收增长10%-12%,调整后每股收益为1.65-1.85美元,较上年同期增长59% [27][28] 问答环节重要的提问和回答 问题1 **Ellie Jiang 提问** 询问公司是否有措施确保在经济环境恶化时保持定价纪律 [67] **Jiazhen Zhao 回答** 公司有严格的项目审批流程,高层管理层都参与大项目的定价决策,不会在市场环境恶化时放松定价纪律 [68] 问题2 **Yang Bai 提问** 询问公司是否有机会将营运资本占销售比例降至20%以下的目标 [81] **Jiazhen Zhao 回答** 公司认为如果市场环境正常化,有机会将营运资本占销售比例降至20%出头的水平,这将大幅提升公司的现金流 [83] 问题3 **Joyce Ju 提问** 询问公司目前的产能利用率情况以及未来定价能力的预期 [92] **Lei Chen 回答** 公司整体产能利用率已经处于较好水平,个别工厂仍需改善。随着行业整体产能利用率提高,公司有望获得更好的定价空间 [94][98]

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------|-------|--------------------------|------------------|--------------|-------|-------|--------------------------|------------------------|----------------------|-------|----------------------|------------------------|---------------------| | (Amounts in millions) \nService cost | $ | Defined \n2023 \n5.0 | U.S. Benefit \n$ | Plans \n2022 | 6.3 ...

• coordinating operations that are increased in scope, geographic diversity and complexity; 15 • retooling and reprogramming of equipment; • hiring additional management and other critical personnel; and • the diversion of management's attention from our day-to-day operations. Further, no guarantees can be made that we would realize the cost savings, synergies or revenue enhancements that we may anticipate from any acquisition, or that we will realize such benefits within the time frame that we expect. If w ...

Flowserve Corporation (NYSE:FLS) Q4 2022 Earnings Conference Call February 17, 2023 11:00 AM ET Company Participants Jay Roueche - VP, IR and Treasurer Scott Rowe - President and CEO Amy Schwetz - SVP and CFO Conference Call Participants Josh Pokrzywinski - Morgan Stanley Damian Karas - UBS Mike Halloran - Baird Joseph Giordano - Cowen & Company Saree Boroditsky - Jefferies Adam Farley - Stifel Operator Good day, and welcome to the Q4 2022 Flowserve Corporation Earnings Conference Call. Today's conference i ...

Flowserve Corporation (NYSE:FLS) Q3 2022 Earnings Conference Call November 1, 2022 11:00 AM ET Company Participants Jay Roueche - VP, IR and Treasurer Scott Rowe - President and CEO Amy Schwetz - SVP and CFO Conference Call Participants Deane Dray - RBC Capital Markets Michael Halloran - Robert W. Baird Andy Kaplowitz - Citigroup Saree Boroditsky - Jefferies Nathan Jones - Stifel Joe Giordano - Cowen Operator Good day and welcome to the Q3 2022 Flowserve Corporation Earnings Conference Call. Today's confere ...

FLOWSERVE | --- | --- | --- | --- | --- | |------------------|-----------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | THIRD QUARTER | | | | | | | | | | | | | 2022 EARNINGS | | | | | | CONFERENCE CALL | | | | | November 1, 2022 | | | | | | | | | | | | | | | | | | | | | | | Q3 2022 EARNINGS CONFERENCE CALL 1 | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------|------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-13179 FLOWSERVE CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | --- | |------------------------- ...

FLOWSERVE | --- | --- | --- | --- | --- | --- | |----------------|-------|-----------------|-------|-------|-------| | | | | | | | | | | | | | | | SECOND QUARTER | | | | | | | | | | | | | | | | 2022 EARNINGS | | | | | | | CONFERENCE CALL | | | | | July 28, 2022 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q2 2022 EARNINGS CONFERENCE CALL 1 | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-13179 FLOWSERVE CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | --- | |------------------------------ ...

FLOWSERVE | --- | --- | --- | --- | --- | --- | --- | |---------------|-------|---------------|-----------------|-------|-------|-------| | | | | | | | | | | | | | | | | | FIRST QUARTER | | | | | | | | | | 2022 EARNINGS | | | | | | | | | CONFERENCE CALL | | | | | May 3, 2022 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q1 2022 EARNINGS CONFERENCE CALL 1 | --- | --- | |------------------------------------------------------------------------------------------------------------ ...