Gardner Denver Announces Record Earnings

09 Feb 2012

WAYNE, PA, Feb 09, 2012 (MARKETWIRE via COMTEX) --Gardner Denver, Inc. (NYSE: GDI)

-- Fourth quarter revenues of $614 million and orders of $598 million increased 16% and 14%, respectively, over the prior year.
-- Delivers record fourth quarter diluted earnings per share ("DEPS") of $1.52, including $0.02 of profit improvement costs and other items, resulting in Adjusted DEPS of $1.54, up 34% over last year. (1)
-- Expects first quarter 2012 DEPS of $1.20 to $1.30, including acquisition related and profit improvement costs totaling $0.10 per diluted share, resulting in an Adjusted DEPS range of $1.30 to $1.40.
-- Expects total year 2012 DEPS of $5.85 to $6.05, including acquisition related and profit improvement costs totaling $0.15 per diluted share, resulting in an Adjusted DEPS range of $6.00 to $6.20.

Gardner Denver, Inc. (NYSE: GDI) today announced fourth quarter results that established a quarterly record for DEPS, and full year results that established records for revenue, operating income, operating margin, net income and DEPS.

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