Crane Company publishes 2025 annual report, net sales rise 8%

Reuters03-13 19:43
Crane Company publishes 2025 annual report, net sales rise 8%

Crane reported 2025 sales growth in Aerospace and Process Flow, supported by defense demand and a commercial aerospace production ramp-up. The Aerospace and Advanced Technologies segment posted a 12% sales increase and ended the year with backlog of just over USD 1 billion. Process Flow Technologies reported a record segment operating margin of 21% and cited contributions from the Cryoworks and Technifab acquisitions. The company said it completed acquisitions of Druck, Panametrics, and Reuter Stokes from Baker Hughes, and announced the planned acquisition of optek-Danulat. Crane said CEO Max Mitchell plans to hand the CEO role to COO Alex Alcala at the annual shareholder meeting, with Mitchell expected to serve as Executive Chairman during the transition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crane Company published the original content used to generate this news brief on March 13, 2026, and is solely responsible for the information contained therein.

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