Flowserve Corp. (NYSE: FLS), Dallas, TX, reported sales for the second quarter of $1 billion, a decrease of 11.7 percent year-over-year. Profit decreased 16 percent to $63 million.
Year-to-date sales were $2 billion, a decrease of 9.3 percent over the prior-year period. Profit decreased 1.8 percent to $100.9 million.
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