Flowserve Corp（FLS）のニュースとイベントFLSFlowserve Corp

Flowserve Reaffirms 2026 Financial Targets

Flowserve issued the following statement in response to a letter issued by Starboard Value LP: "The Flowserve Board of Directors (the "Board") and management team are committed to acting in the best interests of the Company and all shareholders. We regularly engage with investors to better understand their perspectives, and we welcome constructive input that furthers our goal of creating sustainable, long-term value for all shareholders. To this end, members of Flowserve's management team have held discussions with Starboard in recent months. Flowserve has made meaningful portfolio and operational improvements that have resulted in 860 basis points of adjusted operating margin improvement since 2022. We believe the Company is better positioned to drive growth and value creation than at any point in our history. Powered by our 3D strategy and the Flowserve Business System, the Company continues to deliver substantial year-over-year improvement across key operational and financial metrics. The Company reaffirms its 2026 guidance, including adjusted operating margin expansion and double-digit adjusted EPS growth. Additionally, the management team remains committed to its 2030 financial targets of mid-single digit organic sales CAGR from 2025-2030, 20% adjusted operating margin by 2030, and double-digit adjusted EPS CAGR from 2025-2030. The strength of our aftermarket franchise and a resurgent power and nuclear end market fueled by AI growth, data center development and broader electrification trends provide a strong backdrop for growth. The current geopolitical environment should drive increased investment in energy security and diversification globally, providing another long-term tailwind for the Company. In addition, strong cash generation continues to facilitate disciplined, value-creating capital deployment, such as the acquisition of the Valves Division of Trillium Flow Technologies, as well as the return of $365 million to shareholders in 2025, including $255 million in share repurchases. The Board and management team will continue to take action to drive sustainable growth, expand margins and enhance cash flow, thereby increasing value for all shareholders."

Sees FY26 Revenue of $4.871B-$5.013B

Sees FY26 revenue $4.871B-$5.013B, consensus $4.99B.

Flowserve Reports Q1 Revenue of $1.07B

Reports Q1 revenue $1.07B, consensus $1.17B. "Our consistent execution of the Flowserve Business System resulted in strong margin and earnings expansion in the first quarter," said Scott Rowe, Flowserve's President and Chief Executive Officer. "I am proud of our global team's continued demonstration of discipline and resilience in a highly dynamic environment. As we navigate the effects of the Middle East conflict, our priority remains employee safety while supporting our customers to ensure mission-critical flow control assets continue to operate. "