Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Pentair Surges as Energy Demand Buoys Valves, Controls Business

Pentair Ltd., a water and filtration system provider, said fourth-quarter sales rose 9.5 percent to $1.92 billion, topping analysts’ estimates, as U.S. energy demand buoyed its valves and controls business.

The shares surged as much as 8 percent to $77.78 in New York and traded at the biggest intraday gain in six months of $74.34 at 2:15 p.m. local time. Pentair acquired Tyco International Ltd.’s flow-control division in 2012.

Pentair reported earnings of $158.2 million compared with a year-earlier loss of $273.1 million that included charges from adding Tyco’s pipe and valve business. “Pentair had a very good year with an extremely strong fourth quarter,” Randall Hogan, chairman and chief executive officer, said in a statement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.