CIRCOR International Provides Preliminary Fourth-Quarter and Full-Year 2022 Orders Expectations Ahead of Investor Conference Presentation
CIRCOR anticipates fourth-quarter 2022 orders of $248.8 million, representing an increase of 13% on a reported basis from the same period in 2021 and 19% higher on an organic basis.
- CIRCOR anticipates fourth-quarter 2022 orders of $248.8 million, representing an increase of 13% on a reported basis from the same period in 2021 and 19% higher on an organic basis.
- For 2022, the Company expects orders of $907.2 million, an increase of 7% as reported and 12% higher on an organic basis.
- “Full year organic orders growth of 12% is driven by strong contributions from both segments,” said Tony Najjar, CIRCOR’s President and Chief Executive Officer.
- For full year 2022, CIRCOR expects A&D orders of $308.2 million, an increase of 21% as reported and 24% higher on an organic basis.