Company Also Announces Availability of Historical Segment Information
Reflecting Previously Announced Realignment of Segments
BURLINGTON, Mass.--(BUSINESS WIRE)--Jan. 23, 2014--
CIRCOR
International, Inc. (NYSE: CIR) today announced that it will release
its fourth quarter and year-end 2013 financial results before
market-open on Thursday, February 27, 2014 and management will host a
conference call that morning at 10:00 a.m. ET. To listen to the live
conference call and view the accompanying presentation slides, please
visit “Webcasts
& Presentations” in the “Investors”
portion of CIRCOR’s website. The live call also can be accessed by
dialing (877) 407-5790 or (201) 689-8328. The webcast will be archived
on the Company’s website for one year.
The Company also announced the availability of certain historical
segment information reflecting its previously announced change from
three reportable segments to two reportable segments beginning in the
fourth quarter of 2013. The first segment, ‘Energy’, includes all of the
businesses from the former Energy segment and a majority of the former
Flow Technologies segment. The second segment, ‘Aerospace and Defense’,
includes all of the former Aerospace segment businesses plus the
primarily defense-oriented UK-based businesses in the former Flow
Technologies segment. To facilitate comparability, CIRCOR has provided
this historical segment information to reflect the new two reportable
segment presentation for each of the prior quarterly reporting periods
from the first quarter of 2011 through the third quarter of 2013 in a
Form 8-K furnished with the Securities and Exchange Commission on
January 23, 2014. This information can be accessed under the “SEC
Filings” section in the “Investors”
portion of CIRCOR’s website.
Safe Harbor Statement
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Reliance
should not be placed on forward-looking statements because they involve
unknown risks, uncertainties and other factors, which are, in some
cases, beyond the control of CIRCOR. Any statements in this press
release that are not statements of historical fact are forward-looking
statements. Actual events, performance or results could differ
materially from the anticipated events, performance or results expressed
or implied by such forward-looking statements. BEFORE MAKING ANY
INVESTMENT DECISIONS REGARDING OUR COMPANY, WE STRONGLY ADVISE YOU TO
READ THE SECTION ENTITLED "RISK FACTORS" IN OUR MOST RECENT ANNUAL
REPORT ON FORM 10-K AND SUBSEQUENT REPORTS ON FORMS 10-Q, WHICH CAN BE
ACCESSED UNDER THE "INVESTORS" LINK OF OUR WEBSITE AT WWW.CIRCOR.COM. We
undertake no obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise.
About CIRCOR International, Inc.
CIRCOR
International, Inc. designs, manufactures and markets valves and
other highly engineered products for markets including oil & gas, power
generation and aerospace & defense. With more than 7,500 customers in
over 100 countries, CIRCOR has a diversified product portfolio with
recognized, market-leading brands. CIRCOR’s culture, built on the CIRCOR
Business System, is defined by the Company’s commitment to attracting,
developing and retaining the best talent and pursuing continuous
improvement in all aspects of its business and operations. The Company’s
strategy includes growing organically by investing in new,
differentiated products; adding value to component products; and
increasing the development of mission-critical subsystems and solutions.
CIRCOR also plans to leverage its strong balance sheet to acquire
strategically complementary businesses. For more information, visit the
Company’s investor relations web site at http://investors.circor.com.
Source: CIRCOR International, Inc.
CIRCOR International, Inc.
Rajeev Bhalla, 781-270-1210
Executive
Vice President and Chief Financial Officer
or
Sharon Merrill
Associates, Inc.
Dennis Walsh, 617-542-5300
Vice President
