Flowserve Corporation: The Invisible Backbone of Global Industry

Flowserve has a robust and recurring revenue base thanks to its margin-rich and cyclical independent aftermarket business (maintenance, spare parts), which stabilizes cyclical new business. The company is strategically positioned as a key supplier for critical infrastructures of decarbonization (hydrogen, nuclear energy) and thus directly benefits from global investments in the energy transition. Internal programs and the shift towards digital and more profitable services lead to a sustainable increase in operating margin and earnings...