Pentair Posts Sales Increase

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Pentair has announced second quarter 2012 sales of $942 million, an increase of 3 percent from the prior year quarter.

"While the global macro environment remains challenging, we continue to see pockets of growth in several verticals, including North American industrial, agriculture, pool, aquaculture, water reuse, and energy," said Randall Hogan, Pentair chairman and chief executive officer. 

According to a release issued July 24, the Company’s Water and Fluid Solutions division sales grew 7 percent year-over-year to $676 million. Aquatic Systems sales, which accounted for approximately 25 percent of Water and Fluid Solutions sales, were up 8 percent year-over-year, driven by pool dealer expansion and continued strong demand for Pentair's energy efficient products and solutions.

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