Roper Industries sees FY13 total revenue growth 8%-10% Sees FY organic growth 3%-5%. Sees FY13 tax rate about 31%, FY operating cash flow over $775M. Comments from slides that will be presented on the Q4 earnings conference call.
Roper Industries sees FY15 organic revenue growth 3%-5% Sees FY15 operating profit leverage to be greater than 40%. Sees foreign exchange rate to have a headwind of approximately 10c in 2015. Sees FY15 tax rate of 30%-31%. Sees FY15 operating cash flow of greater than $900M.
Roper Industries expects 20% market decline in Upstream Expects pump share gains mitigate declines in other upstream businesses. Expects field service and pipeline retrofits are up modestly with project activity weakness. Sees refinery instrumentation applications and field service growth in Downstream. Comments taken from slides for Q4 earnings conference call.