Crane (CR) risk factors, FY2024 10-K

Risks Relating to Our Business

1. 01Macroeconomic fluctuations may harm our business, results of operations and stock price
2. 02A substantial portion of our sales is subject to market conditions which may cause customer demand for our products to fluctuate. Reductions in demand from these industries would reduce the sales and profitability of the affected business segments
3. 03We conduct a substantial portion of our business outside the U.S. and face risks inherent in non-domestic operations
4. 04We may be unable to identify or to complete acquisitions, or to successfully integrate the businesses we acquire
5. 05Our ability to source components and raw materials from our suppliers could be disrupted or delayed in our supply chain, which could adversely affect our results of operations
6. 06The prices of our components and raw materials could fluctuate dramatically, which may adversely affect our profitability
7. 07We may be unable to successfully develop and introduce new products, which would limit our ability to grow and maintain our competitive position and adversely affect our financial condition, results of operations and cash flow
8. 08We face significant competition which may adversely impact our financial condition, results of operations, and cash flows in the future
9. 09We compete with other manufacturing businesses for highly qualified employees in the countries in which we operate, and we may not be able to retain our personnel or hire and retain additional personnel needed for us to sustain and grow our business as planned
10. 10Our businesses are subject to extensive governmental regulation; failure to comply with those regulations could adversely affect our financial condition, results of operations, cash flows and reputation
11. 11Our business could be harmed if we are unable to protect our intellectual property
12. 12Our future results of operations and financial condition could be adversely impacted by intangible asset impairment charges
13. 13Our operations expose us to the risk of environmental liabilities, costs, litigation and violations that could adversely affect our financial condition, results of operations, cash flows and reputation
14. 14Net periodic pension cost and pension contributions associated with our retirement benefit plans may fluctuate significantly depending upon changes in actuarial assumptions and future market performance of plan assets
15. 15We could face potential product liability or warranty claims, we may not accurately estimate costs related to such claims, and we may not have sufficient insurance coverage available to cover such claims
16. 16Fluctuations in interest rates could affect our financial results
17. 17We may be unable to improve productivity, reduce costs and align manufacturing capacity with customer demand
18. 18Additional tax expense or exposures could affect our financial condition, results of operations and cash flows
19. 19If our internal controls are found to be ineffective, our financial results or our stock price may be adversely affected
20. 20Our Aerospace & Electronics segment sales are primarily affected by conditions in the commercial aerospace industry, which is cyclical in nature, and by changes in defense spending by the U.S. government
21. 21Process Flow Technologies
22. 22credit, and expectations of future demand. Slowing global economic growth and volatility in commodity prices could both contribute to lower levels of customer spending, and project delays or cancellations