Flowserve Corporation (NYSE: FLS), Dallas, TX, reported sales for 2015 of $4.6 billion, a decrease of 6.5 percent from the previous year. Profit decreased 48.4 percent to $267.7 million from the previous year.
Fourth quarter sales were $1.3 billion, a decrease of 6.8 percent from the same period the previous year. Profit decreased 55.1 percent to $71.4 million.