Valve Industry Buyers Guide
Print Page   |   Contact Us   |   Your Cart   |   Sign In   |   Register
Community Search
News & Press: Headlines

Tyco Flow Control Reports First Quarter Results

Thursday, January 28, 2010  
Share |

Tyco Flow Control reports that revenue of $923 million declined 4% in the first quarter with an organic revenue decline of 14%. Organic revenue declined 15% in the Valves business, 10% in Water and 14% in Thermal Controls. Backlog of $1.7 billion decreased 3% on a quarter sequential basis (a 2% decline excluding the impact of foreign currency).

Operating income was $112 million and the operating margin was 12.1%. Operating income before special items was $118 million and the operating margin before special items was 12.8% as the benefits from cost-containment actions and restructuring activities were more than offset by the impact of the organic revenue decline and product mix. More…


more Calendar

10/5/2016 » 10/7/2016
2016 Manufacturers Workshop & Tour

10/18/2016
2016 Valve Basics Seminar & Exhibits (Houston) ATTENDEE


Association Management Software Powered by YourMembership.com®  ::  Legal