Roper Industries Inc. (ROP)

Roper Industries, Inc. engages in designing, manufacturing, and distributing energy systems and controls, scientific and industrial imaging products and software, industrial technology products, and radio frequency products and services. The company operates in four segments: Scientific and Industrial Imaging, Energy Systems and Controls, Industrial Technology, and RF Technology. The Scientific and Industrial Imaging segment offers digital imaging products and software, patient positioning products and software, and handheld and vehicle mount computers and software. The Energy Systems and Controls segment produces control systems; fluid properties testing equipment; industrial valves and controls; and vibration and other non-destructive inspection and measurement products and solutions. The Industrial Technology segment offers industrial pumps, equipment and consumables, industrial leak testing equipment, flow measurement and metering equipment, water meter, and automatic meter reading products and systems. The RF Technology segment provides radio frequency identification, and other communication related technology and software solutions that are used in toll and traffic systems, processing, security and access control, campus card systems, freight matching, mobile asset tracking and water sub-metering, and remote monitoring applications. The company sells its products to RF applications, as well as to water, energy, research and medical, education, security, and other niche markets. Roper Industries distributes its products through direct sales personnel, manufacturers representatives, value added resellers, original equipment manufacturers, distributors, and direct sales offices. It operates principally in the United States, Canada, Europe, Japan, China, Asia, and the Middle East. The company was founded in 1981 and is based in Sarasota, Florida.

For the nine months ended 30 September 2006, Roper Industries, Inc.'s revenues rose 16% to $1.24B. Net income rose 33% to $136.6M. Revenues reflect increased sales from Industrial Technology due to increased sales of water meters with integrated radio frequency technology and higher energy systems & controls segments due to the contribution of AC Controls.Net income also reflects improved operating margins.