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Flowserve Corporation (FLS) Presents at Bank of America 3...
2026-05-13 · via All Articles on Seeking Alpha

Flowserve Corporation (FLS) Bank of America 33rd Annual Industrials, Transportation and Airlines Key Leaders Conference May 12, 2026 11:05 AM EDT

Company Participants

Amy Schwetz - Senior VP & CFO

Conference Call Participants

Andrew Obin - BofA Securities, Research Division

Presentation

Andrew Obin
BofA Securities, Research Division

So good morning. I'm Andrew Obin, BofA's multi-industrial analyst. For our next presentation, we are going to chat with Amy Schwetz. She is the Senior Vice President and CFO of Flowserve. Thanks for being here. And Amy, thanks so much.

Amy Schwetz
Senior VP & CFO

Thanks for having us, Andrew.

Question-and-Answer Session

Andrew Obin
BofA Securities, Research Division

Of course. So maybe to start, I know you reported only a couple of weeks ago, but any macro data points, customer conversations that have stood out to you over the past couple of weeks?

Amy Schwetz
Senior VP & CFO

Yes. So I think we -- as we looked at the first quarter, what happened in the first quarter and thinking about the rest of the full year, we remain constructive on the environment in our space. I think a few things going on, and I know we'll dive into some of these markets in a bit more detail. But very excited about the power space. It is a long-tenured piece of our business, but one that we're getting increasing interest in and is benefiting from some pretty substantial tailwinds in the space.

I think as we look at areas of our business that we're focused on growing, aftermarket has been a large focus for us over the past several years. We just completed our eighth consecutive quarter at over $600 million of aftermarket bookings. We continue to work on ways that we can serve our customers better, serve them faster, continue to grow that business to be first