IDEX Reports Record Fourth Quarter and Full Year 2018 Results; Q4 Sales up 5 Percent Overall and Organically; Q4 Reported EPS Was $1.27 with Adjusted EPS of $1.31

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