Colfax Corporation (NYSE:CFX) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
On February13, 2019, Colfax Corporation issued a press release reporting financial results for the fourth quarter ended December 31, 2018. A copy of Colfax Corporation’s press release is attached to this report as Exhibit99.1 and is incorporated in this report by reference. Colfax Corporation has scheduled a conference call for 8:30 a.m. Eastern on February13, 2019 to discuss its financial results.
Item 9.01. Financial Statements and Exhibits.
99.1 Colfax Corporation press release dated February13, 2019, reporting financial results for the fourth quarter ended December 31, 2018.
Colfax CORP Exhibit
EX-99.1 2 q42018earningspressrelease.htm EXHIBIT 99.1 Exhibit Colfax Reports Fourth Quarter 2018 Results•Reported net income (loss) from continuing operations per diluted share of $0.36 versus $(1.53) in the prior year quarter; achieved adjusted net income per share of $0.69 versus $0.45 for 53% growth•Sales increased 13% with 11% organic growth in both business platforms; strong year-over-year adjusted operating margin expansion•Air & Gas Handling orders grew 12% including continued strong performance in Industrial applications•Recently completed successful financing for DJO Global acquisition announced in November 2018; process to explore potential strategic options of Air & Gas Handling business well underwayANNAPOLIS JUNCTION,…
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About Colfax Corporation (NYSE:CFX)
Colfax Corporation is an industrial manufacturing and engineering company. The Company provides gas and fluid-handling and fabrication technology products and services to commercial and governmental customers around the world under Howden, ESAB and Colfax Fluid Handling brand names. The Company’s segments include Gas and Fluid Handling, and Fabrication Technology. The Gas and Fluid Handling segment supplies a range of products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps, fluid-handling systems and controls and specialty valves, which serves customers in the power generation, oil, gas and petrochemical, mining, marine (including defense), and general industrial and other end markets. The Fabrication technology segment develops, manufactures and supplies consumable products and equipment for the cutting and joining of steels, aluminum, and other metals and metal alloys.