Supply Chain Intelligence about:

Flowserve Essen GmbH

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Germany

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Recent Panjiva Research about Flowserve Essen GmbH

Flowserve awaits 2021 recovery, rationalizes supply chain with China focus

November 11, 2020

Flowserve reported a 7.2% year over year decline in revenues Q3 as the pump system maker experienced reduced demand from the oil and mining sectors due in part due to the pandemic. That decline was nonetheless better than the 10.8% slide expected by analysts. CEO Scott Rowe has stated the firm... Read more →

Tariff Quote Watch: Flowserve’s Import Flow Slows After Tariff-Linked Price Rises

November 4, 2019

Flowserve has used a price-led strategy for dealing with tariff-related cost increases. Following two price rises in 2019, the flow device maker’s CEO, Robert Rowe, has stated the firm “will do another annual price increase at the end of this year. And what I’d say is it’s a combination of tar... Read more →

Tariff Quote Watch: Flowserve Streams Duty Hikes To Customers, Can Switch Supplies

February 22, 2019

Industrial equipment maker Flowserve issued 2019 earnings guidance that was below analysts’ expectations. So far the firm has been able to pass through duties on imports from China – which represented 23.8% of U.S. seaborne imports in 2018 – in the form of higher prices. Yet, CEO Robert Rowe h... Read more →

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