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FLS - Flowserve: Russian Sanctions Should Act As A Tailwind
Flowserve Corporation
The scarcity of oil and gas to meet global demand after Russian sanctions should help Flowserve.
As the supply chain constraints ease, the backlog conversion rate should improve.
Diversification of its product portfolio to increase market reach and capturing the opportunities in energy transition activities under its 3D strategy should pave a way for growth beyond 2022.