News Release
January 29, 2019
LAKE FOREST, Ill.–(BUSINESS WIRE)–Jan. 29, 2019– IDEX Corporation (NYSE: IEX) today announced its financial results for the three- and twelve- month periods ended December 31, 2018.
Full Year 2018 Highlights
- Orders were up 7 percent overall and 6 percent organically
- Sales were up 9 percent overall and 8 percent organically
- Reported operating margin was 22.9 percent with adjusted operating margin of 23.4 percent, up 150 bps
- Reported EPS was $5.29 with adjusted EPS of $5.41, up 26 percent
- Repurchased 1.3 million shares of common stock for $174 million
- Acquired Finger Lakes Instrumentation and the intellectual property assets of Phantom Controls
View Full Report at IDEXCorp.com: https://investors.idexcorp.com/news-releases/news-release-details/idex-reports-record-fourth-quarter-and-full-year-2018-results-q4