Company Profile For Pentair, Inc.

Pentair, Inc. (PNR.N) (New York Stock Exchange)

sector: Industrials · industry: Industrial Machinery & Equipment ·

As of 24 Nov 2009

30.45USD

Price Change

-0.10

Percent Change

-0.33%

Analyst Recommendations

Overview

Pentair, Inc. (Pentair) is a diversified industrial manufacturing company consisting of two business segments: Water and Technical Products. The Company’s Water Group is engaged in providing products and systems used worldwide in the movement, storage, treatment and enjoyment of water. Pentair’s Technical Products Group is engaged in the global enclosures and thermal management markets, designing and manufacturing standard, modified and custom enclosures that house and protect electronics and electrical components; thermal management products, and accessories. On December 15, 2008, Pentair sold its Spa and Bath (Spa/Bath) business to Balboa Water Group. On February 28, 2008, Pentair sold its National Pool Tile (NPT) business unit to Pool Corporation.

Quick Financial Synopsis

BRIEF: For the nine months ended 26 September 2009, Pentair, Inc.'s revenues decreased 23% to $1.99B. Net income from continuing operations decreased 63% to $86.3M. Revenues reflect a decrease in income from Water and lower revenue from Technical Products group segment. Net income also reflects decreased gross profit, lower operating income, the absence of gain on sale of interest in subsidiary and higher loss on early extinguishment of debt.