IDEX CORP
			Symbol			IEX

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IDEX Corporation Reports Third Quarter 2009 Results; Adjusted Earnings Per Share of 39 Cents; Record Free Cash Flow of $78 Million

2009-10-19 17:28 ET - News Release

Company Website: http://www.idexcorp.com/
NORTHBROOK, Ill. -- (Business Wire)

IDEX Corporation (NYSE: IEX) today announced third quarter 2009 results.

New orders in the quarter totaled $339 million, down 4 percent compared to the prior-year period. Sales in the quarter totaled $323 million, 12 percent lower than the prior-year period.

Third quarter 2009 operating income, adjusted for restructuring related charges of $2.8 million, was $49 million and resulted in adjusted operating margin of 15.2 percent, down 290 basis points from prior year (excluding prior year restructuring related charges of $5.3 million and goodwill impairment charges of $30 million). On an as-reported basis, third quarter operating income of $47 million was 51 percent higher than the prior-year period.

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