Crane Co

Crane Co(CR)资讯与事件

$206.310

+0.475 (+0.23%)收盘时

CR 资讯

CR 事件

9/14 08:00

Crane Company Acquires Trillium Flow Technologies Pump Business

Crane Company announced that it has entered into a definitive agreement to acquire the U.S. pump business from First Reserve-Backed Trillium Flow Technologies. The transaction is expected to close in the fourth quarter and will be subject to customary closing conditions, including applicable regulatory approvals. "These brands are an excellent strategic fit that enhances the quality, durability, and growth profile of our Process Flow Technologies segment," said Alex Alcala, President and Chief Executive Officer of Crane Company. "It expands our position in highly engineered pump technologies, increases our exposure to resilient water and wastewater markets, and brings a large installed base that generates recurring aftermarket demand. Just as importantly, we see multiple opportunities to increase the development of innovative products and solutions for our customers and create value by combining these strong brands and technologies with Crane's proven operating system and commercial excellence capabilities."

7/28 16:30

Company Raises Sales Growth Outlook to Mid-20%

Consensus $6.82. Total sales are now expected to grow in the mid-20% range, up from our prior guidance of low-to-mid-20%, driven by acquisitions and core sales growth of 5-6%, which is now expected to be at the high end of our prior 4-6% guidance range.

7/28 16:30

Crane Reports Q2 Revenue of $724.7M

Reports Q2 revenue $724.7M, consensus $706.07M. Alex Alcala, Crane's President and Chief Executive Officer, stated: "We delivered record quarterly results which exceeded our expectations, reflecting strong execution across the company. Aerospace & Advanced Technologies generated better-than-expected growth, demand at Process Flow Technologies remained stable, and all four recent acquisitions are performing ahead of plan. Combined with 5% core sales growth and strong operating leverage across all businesses, these results underscore the quality of our portfolio and the effectiveness of our operating model."

本页仅供研究参考,不构成投资建议。模型可能出错。过往表现不代表未来结果。

开始交易