Thank for everyone. you, Thank and morning, joining Jay, good you today's call.
Flowserve. hundreds that has we way oil, altering February, our with lows. other this economy, for then, the dramatically gas in world In their Since challenging and the changed transportation historic the work, creates the taking hope spread live has of the lives. unprecedented since and has world millions last and has through few demand globe, or now necessary fuels backdrop The related of people driving about everyone call. and China people magnitude dampened and for I is day-to-day to crisis healthy operations. virus the and safe flying, X.X a First, the The precautions the coronavirus plummeted to the with Asian well. natural This interact each global stay very around talked our of impacting months
this services over liquidity, entered people. our period of managed and until no brand, products and we has However, XXX-year a billion history, strong outstanding XXXX, most multiple $X a debt great Over through all, market Flowserve of with trusted maturities backlog, downturns.
renewed collective transformation While of team X.X experience the have and crisis this made every progress have company. that better leveraging brings stronger come will we challenges, by we of out and confidence our situation I the the in absolute Flowserve program, a
to our our of and support future. for executing includes position We're the delivering to and Flowserve success downturn. business, about for Flowserve on and safety our COVID-XX differentiate in is which COVID-XX throughout capabilities, people, four using planning phased approach restoring crisis and downturn finally, the customer management the a the positioning of the market focusing crisis continuity the
and we and are the on by of remained vast and are This associates supporting to that has to suppliers. efforts don't for front continue our for and as done energy, have business take to their our of essential safety to our customers throughout considered particularly, most want open prioritizing water to Flowserve express these sincere the during my pandemic who chemical, employees Flowserve is employees, health customers. enabled those and and I appreciation a challenging extraordinary facilities have times our the unprecedented lines and and majority global support power we complex. of infrastructure sites lightly, so this responsibility the
around accelerate within to to providing ventilators caregivers and collaborating and Additionally, more is hospitals, I efforts low-cost pleased the support with to world. the Flowserve could hospitals be equipment improve local company of our to our manufacturing communities. not and development support sanitation of providing the
assistance provide this to everything during We time. can critical are doing we
teams We as situation closely global world. We monitoring Europe the respond COVID-XX up position spread around to the have crisis best January the pandemic. Asia, virus Flowserve the stood our to and the been experience leveraged of middle in since to the and Americas
has coordinate how on to daily best continue associates the our our Our leadership customers. to support team topic met and protect to
and emergency on implemented been as operating equipment, on-site teams processes appropriate Organization for in associates. protective CDC governments personal and around temperature Our World as Furthermore, following response social advice through compliance all of have distancing local we Health staggering from and with the well shifts checks recommendations.
of for infection, there's of COVID-XX a facility immediately world, a efforts, have Where quarantine and those around closures temporary Despite level spread we impacting begun all our these have been of faced sites. employees as the tracing, causing cleaning. closures we risk significant at and site temporary contact procedures disruption
We have like directly and are impacted associates the by we Madrid world India. operate virus, several of the and hotspots in that the Milan, around
Argentina challenges impacting over impacted results. cases, million our we of experienced through in In X, revenue the of clearly, experienced roughly associates. closure. X long first some quarter. X,XXX of of offices delayed the to In financial the impact, our China, in but have were idled into facilities of Italy, of will although $XX numbers, periods the like and closures Spain, terms most more routine Amy periods closure India, materially work limited Nevertheless, get XX virus-related X facilities May and cases, days, temporary to over of have
X are with partial we today, open only have manufacturing India of for in business, local but to staffing that we As significant facilities regulations. comply still have
still during XX% suppliers and over the XX% roughly began assuming year, that operating weeks, now with XXXX the from productivity. have and $X.X made pandemic we have the we impact We progress remain significant approximately the and our billion operating deliver backlog worsen stable. our of last XX% to of are We open expect doesn't X around capacity our
our extremely to shipments this instances disruption, and the and operations. expedited many them shipments. include received efforts pharmaceutical working applications too of our and vacuum serve feedback continuity the and for challenge face sterilization their care proud valve with customers industries. expanded to and teams we are health of to customers, critical as disruption positive examples ensure but closely our the power In of our business to from share, prioritizing best in we pump prevent delivery critical nuclear a accelerating supported There I'm
location of provide American and for a valve and times is great hit year, managing continuity chain most doing team risks navigating North we We've alternative assurance potential delays, maintain supply established Indian supply and is primarily supply. job to a of lead of to roughly our the $XXX processes logistics Our shifting workflow a operations challenged source local to facilities. India where chain, for Presently, number minimize teams materials. million and vendors
Our manpower facing. that suppliers same are the we facing Indian are restrictions
Our team POs secondary moved to are is alternative assessing local viable options, and but regions suppliers. critical being
to disruption through improve quarter. We continue expect to the the chain second supply
Shifting The results. to quarter in first impact COVID-XX the disruption our financials. our a quarter financial had to significant
an some noncash to earnings Both breakeven. EPS COVID-XX reported associated impact disruption from the basis, approximately On adjusted of discrete $X.XX result our were facilities. delayed with per shipments share. and related the was costs charges, a As our results included $X.XX closed
declined access customers the more service currency basis for Constant became X.X% grew their bookings and to technicians. revenue as modestly, our on our limited a facilities crisis reacted to currency constant while
capital improved flow working X% performance. cash a strong ago free compared year on Our to
and as impacted impact constant bookings $X were to in chemical $X bookings our shorter-cycle awards basis by North the approximately XXX margins markets. across MRO away Adjusted lower-margin MRO several shift well to America the The and million segments. and reflecting million included power, XX.X%, activity of defense Europe. and mix currency Turning as FCD's slower points down sales both to operating from towards quarter's declined be revenue to X% work to disruptions operations. COVID-XX project continued
basis margins which FPD's shift of of equipment million bookings across a and awards over including towards continued activity FPD XXX basis North the business constant XXXX's currency with Asia, XX%. driven increased XXXX gas original growth performed following aftermarket. well over by Aftermarket of as original XX%. the aftermarket backlog and XXX despite operating original on equipment basis constant from of CO strong was $XX a equipment million X.X% decreased declined the constant driven X.X%. project first points, mix by point increased the a Adjusted project impacts Middle pandemic-related challenges. combination order currency entered quarter, totaling the America. growth orders and Oil X% Revenue $XXX X COVID-XX in East currency
Turning to our consolidated bookings in served end markets.
X.XX. First of quarter were book-to-bill bookings producing a million, $XXX
amount delayed Backlog $X.X amount a level we X.X% which However, March, that In date, year-over-year constant have has currency was this sequentially monthly of North a backlog, and one within crisis. constant of grew cancellation was project basis. been X.X% by quarter, our had To the muted descoped. a small as basis. chemical global on American highest the was currency billion on the the but down did case, for have is typically bookings we
this not time. our We had material from any at have cancellations backlog
We about potentially oil a orders involved although Americas mainly with and placing a customers them, amounts few backlog. the represent material or certain would have portion the on canceling had discussions not our of hold upstream in gas
in Original $XXX $XXX compared to flat quarter last were XX.X% million, million, year's the down Aftermarket bookings. first quarter. year's equipment bookings the in quarter to first bookings were last
scheduled limitations While the as and of and generally delays quarters plan work significant as operators quarter until customer our as aftermarket site execute projects can aftermarket has well turnarounds third access a good, this been in services. bookings fourth delayed bookings when were amount and on-site impacted
discussions expect and with projects, community more customers' existing base also aftermarket annual the are would big that where toward to XX% to and stability. tied I see facilities, bookings tend bookings financial XX% traditionally, we while our lean to our of installed our budgets note our MRO to operating
starting served Turning end our to gas. oil with markets and and
driven in First million declines. decreased The totaling $X constant X% million quarter included basis and year-over-year quarter range, a $XX X $XX on FPD's million. by awards FCD's XX% XX% to bookings the currency
bookings emission quarter, were changes. The to currency $XX awards XX% production package constant continue in multiple million basis, bookings benefit The we chemical support totaling roughly quarter X fuel XX% awards primarily from the a included driven in smaller first decline. Pacific. Asia Europe On where down quarter cleaner to FCD's pump included the and regulation
for oil chemical accounted markets the our In XXXX, and of and bookings. XX% roughly gas
in markets customers chemical integrated large and majors, the Our companies global big are oil these national producers.
is infrastructure. Our in markets fixed exposure with their the them weighted towards downstream heavily
productive. of we our operations and we Only this about current no gas to the we where markets impacted and companies the by the be And group concerns run. serves and cuts to severe keep are have most long expect upstream a continue small doubt the to invest will their exposure safe these this be X%, portion, will companies there for business situation, oil While of expected. believe
power. Moving now to
saw offset by was including increase, decrease. where down currency Our power X%, and concentrated awards, FPD's market FCD's nuclear power X% constant X% bookings solar
quarter first While increased headwinds bookings including driven from America, continued increase, face MRO mining general to and industries, in and slowdown specifically in XX% markets. FCD's growth and distribution, X% the pulp year-over-year paper North by
with smallest representing decreased awards. market, water Finally, our the bookings no in quarter significant X%
saw we and XX%, of East XX% in in X%, Europe of growth North respectively. America XX% and Asia declines Africa XX%, growth More than and were Latin and Pacific offsetting the Middle and respectively. Regionally, America, this
I'll her greater with detail. Amy return outlook, let early now shortly to team have forward three during the pleased I'm to over me financial almost on critical call Amy this and but has and Amy? path her appreciate been our for discuss in cover the us our months, to contributions and to turn time. results
