Valve Magazine

Thu04242014

Last updateWed, 23 Apr 2014 4pm

Back You are here: Home News Industry Headlines Valve Manufacturing Rotork Announces Third Quarter 2013 Financial Results

Valve Manufacturing

Rotork Announces Third Quarter 2013 Financial Results

Rotork p.l.c recently issues its Interim Management Statement covering the period from July 1 to November 14, 2013. Third quarter revenue was 13.0% higher than the prior year (+5.4% OCC) while cumulative revenue to October 27 was 13.1% ahead of the prior year.

Rotork Controls cumulative order intake was 1.7% ahead of the prior year with third quarter order intake 3.0% below last year. Project and quote activity remains positive, with demand strong in Asia and North America while Europe and the Indian power markets remain challenging. The division's strategy to broaden its product portfolio and end market exposure has been supported by the acquisition of Schischek with its new products and access to the industrial HVAC market. 

Sponsored Products

 

Valve Magazine Digital Edition

SPR14 CVR 160x214Inside the Spring 2014 issue…

• Tank Cars
• DBBS & DIBS
• Shale Gas
• New Globe Standard

CLICK HERE TO REQUEST YOUR
DIGITAL EDITION PREVIEW EMAIL