Chart Industries Inc. has reported 2019 second quarter (Q2) revenue of $309.6m, an increase of 7% over the first quarter (Q1) of this year.
The Ball Ground, Georgia-based cryogenic equipment manufacturer for the industrial gas and energy industries posted first half 2019 growth of 14.7% (5% organic) over the first half of 2018.
Orders of $322m for 2019 Q2 decreased $139.2 million from Q1 2019, which included $135m of bookings from Venture Global’s Calcasieu Pass project and $20m from Golar’s Gimi FLNG order.
The Q2 2019 orders grew 1.8% over Q2 2018 with 15 orders that were each greater than $2m in value, totalling $80.2m, which was the first time in Chart’s history it received 15 orders of of that sizze in a single quarter.
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