Posted February 19, 2019

Gardner Denver sales up 4 percent in 4Q

Gardner Denver reported fourth-quarter revenues of $713 million, up 7 percent over the prior year.

Net income of $95 million, or 45 cents per share, compared to prior year net income of $144 million, or 69 cents.

Total year revenues for 2018 were $2.7 billion, up 13 percent over the prior year. Net income for the year was $269 million, or $1.29 per share, compared to prior year of $18 million, or 10 cents. 

By segment in the quarter, industrial revenues of $338 million were up 8 percent over prior year; energy revenues of $307 million increased 4 percent; medical revenues of $68 million gained 17 percent over prior year,