Colfax Reports Second Quarter 2014 Results
Wednesday, July 23, 2014
Colfax Corporation announced its financial results for the second quarter ended June 27, 2014. The company has not yet finalized the second quarter tax provision. Net sales were $1.199 billion, in the second quarter, an increase of 11.7% from the prior year.
Second quarter gas- and fluid-handling orders were $593.8 million compared to orders of $478.2 million in Q2 2013, an increase of 24.2% and an organic increase of 4.6%. Gas- and fluid-handling finished the period with backlog of $1.585 billion.
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