Skip to main content Q4 2014 Earnings Conference Call – Flowserve Corp. Investor Presentation | Shale Experts
Loading...
Pm

Q4 2014 Earnings Conference Call – Flowserve Corp.

Flowserve Corp. · Feb 17, 2015 · 23 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 1
    Flowserve Q4 2014 Earnings Conference Call February 18, 2015 SOLAR REFINING CHEMICAL DESALINATION COAL-FIRED POWER NUCLEAR
  2. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 2
    Flowserve Q4 2014 Earnings Conference Call : Page 3 Q4 2014 Financial Highlights Fourth quarter EPS* of 1.16, up 14.9%, compared to 1.01 prior year EPS Strong bookings of 1.32 billion, up 5.6% versus prior year, or 11.2% on a…
  3. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 3
    Flowserve Q4 2014 Earnings Conference Call : Page 4 Business Outlook Disciplined focus on profitable growth Diverse, attractive end markets Opportunities to accelerate our resilient aftermarket franchise growth Leverage…
  4. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 4
    Flowserve Q4 2014 Earnings Conference Call : Page 5 Resiliency of Business Approximately 80% of business is traditionally aftermarket or run-rate original equipment stability and resiliency
  5. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 5
    Flowserve Q4 2014 Earnings Conference Call : Page 6 Projected Impact of Oil Price Declines While oil price impacts FLS' business, our diverse exposures, aftermarket and run-rate original equipment provide stability
  6. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 6
    Flowserve Q4 2014 Earnings Conference Call : Page 7 2014 Bookings & Industry Outlook OIL & GAS Oil & gas investment remained strong in 2014 despite geopolitical conflicts in key energy producing regions and downturn in oil…
  7. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 7
    Flowserve Q4 2014 Earnings Conference Call : Page 8 2014 Sales & Regional Outlook 36% 21% 19% 14% 11% 34% 20% 21% 14% 11% NORTH AMERICA Strong growth during 2014 but some uncertainty ahead due to oil price environment…
  8. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 8
    Flowserve Q4 2014 Earnings Conference Call : Page 9 Engineered Product Division Q4 & Full Year 2014 Segment Results 4th Quarter Full Year Delta Constant Constant ( millions) 2014 2013 Delta () (%) FX (%)* 2014 2013 Delta () Delta…
  9. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 9
    Flowserve Q4 2014 Earnings Conference Call : Page 10 Engineered Product Division Q4 & Full Year 2014 Bookings and Sales 4th Quarter Full Year ( millions) 2014 2013 Delta (%) Constant 2014 2013 Delta (%) Constant FX (%)* FX…
  10. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 10
    Flowserve Q4 2014 Earnings Conference Call : Page 11 Engineered Product Division Q4 Overview Bookings increased 8.3%, or 15.2% on a constant currency basis, on strong original equipment activity Growth driven primarily by oil and…
  11. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 11
    Flowserve Q4 2014 Earnings Conference Call : Page 12 Industrial Product Division Q4 & Full Year 2014 Segment Results 4th Quarter Full Year Constant Constant ( millions) 2014 2013 Delta () Delta (%) FX (%)* 2014 2013 Delta ()…
  12. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 12
    Flowserve Q4 2014 Earnings Conference Call : Page 13 Industrial Product Division Q4 & Full Year 2014 Bookings and Sales Q4 2014 Full Year ( 2014 2013 Delta (%) Constant 2014 2013 Delta (%) Constant millions) FX (%)* FX (%)* OE…
  13. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 13
    Flowserve Q4 2014 Earnings Conference Call : Page 14 Industrial Product Division Q4 Overview Bookings decreased 9.2%, or 5.4% on a constant currency basis, primarily on decreased original equipment activity Decrease driven…
  14. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 14
    Flowserve Q4 2014 Earnings Conference Call : Page 15 Flow Control Division Q4 & Full Year 2014 Segment Results 4th Quarter Full Year ( millions) 2014 2013 Delta () Delta (%) Constant 2014 2013 Delta () Delta (%) Constant FX (%)*…
  15. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 15
    Flowserve Q4 2014 Earnings Conference Call : Page 16 Flow Control Division Q4 & Full Year 2014 Bookings and Sales 4th Quarter Full Year ( 2014 2013 Delta (%) Constant 2014 2013 Delta (%) Constant millions) FX (%)* FX (%)* OE…
  16. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 16
    Flowserve Q4 2014 Earnings Conference Call : Page 17 Flow Control Division Q4 Overview Bookings increased 8.7%, or 13.0% on a constant currency basis, including approximately 2% of negative impact from the sale of our Naval…
  17. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 17
    Flowserve Q4 2014 Earnings Conference Call : Page 18 Full Year & Q4 2014 Consolidated Bookings & Sales Bookings Sales Bookings Bookings in Q4 2014 increased 5.6%, or 11.2% on a constant currency basis, driven by strength in…
  18. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 18
    Flowserve Q4 2014 Earnings Conference Call : Page 19 Q4 & Full Year 2014 Consolidated Financial Results 4th Quarter Full Year Constant Constant ( millions) 2014 2013 Delta () Delta (%) FX (%)* 2014 2013 Delta () Delta (%) FX…
  19. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 19
    Flowserve Q4 2014 Earnings Conference Call : Page 20 Quarterly & Full Year 2014 Cash Flows Q4 Q3 Q2 Q1 YTD ( millions) 2014 2014 2014 2014 2014 2013 Net Income 161 130 125 109 525 488 Depreciation and amortization 27 27 29 27…
  20. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 20
    Flowserve Q4 2014 Earnings Conference Call : Page 21 Primary Working Capital Balances for All Periods as a % of Trailing Twelve Months Sales Q4 2014 Q4 2013 ( millions) % % Receivables 1,082 22.2% 1,155 23.3% Inventory 996…
  21. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 21
    Flowserve Q4 2014 Earnings Conference Call : Page 22 2015 Outlook Cash Use Priorities in 2015 Continue to execute on announced capital allocation policy of annually returning 40 50% of running 2-year average net earnings to…
  22. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 22
    Flowserve Q4 2014 Earnings Conference Call : Page 23 2015 EPS Guidance 2015 Adjusted EPS guidance range excludes the impact of recent SIHI Group acquisition, expected to be 0.25 dilutive in 2015. The guidance range further…
  23. Q4 2014 Earnings Conference Call – Flowserve Corp. – slide 23
    Flowserve Q4 2014 Earnings Conference Call : Page 24 Questions and Answers

From the store

Browse maps, data & reports in the Shale Experts store