Emerson Electric Co. (NYSE:EMR) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
excluding acquisitions and divestitures, including currency
translation)
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September ’16
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October ’16
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November ’16
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Automation Solutions
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-15 to -10
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-15
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-15 to -10
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Commercial Residential Solutions*
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5 to 10
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|
5 to 10
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Total Emerson
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-10 to -5
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-10 to -5
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-10 to -5
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reflected stabilizing conditions in energy related markets and
solid demand in HVAC markets. Underlying orders were down 5
percent with unfavorable currency translation of 2 percent from a
stronger U.S. dollar.
lower capital and operational spending by energy related and
general industrial customers, but the pace of orders did improve
in November, particularly in North America. Underlying orders
were down in all regions, with significant declines continuing in
Middle East/Africa and Latin America. North America MRO orders
improved as customers increased spending prior to year-end and in
expectation of improved energy spending in 2017. In China, demand
for analytical instrumentation and flow devices has improved.
Globally, activity in power, chemical and life sciences markets
remains favorable providing opportunities for growth. Discussions
regarding plant upgrades and expansions are accelerating as
customers look to strategically focus their spending in 2017.
Currency translation deducted 3 percentage points. We continue to
expect an approximately 10 percent decline in sales in the first
quarter.
digits as favorable conditions continued in HVAC, refrigeration
and U.S. construction markets. Orders were strong in North
American air conditioning and China heat pump markets with both
up mid-teens. Improving conditions in early-cycle demand resulted
in strong growth in the sensors business. Growth in the wet/dry
vacuums, food waste disposers and professional tools businesses
reflected a continuation of favorable conditions in U.S.
construction markets. Currency translation deducted 1 percent.
Recent order trends support an expectation for mid-single digit
sales growth in the first quarter.
2015 and 2016 on the new platform basis and is being provided to
aid in comparisons to prior year orders and analysis of
year-to-year trends.
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Trailing 3 Month Orders History
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(Percentage change versus prior year; trailing 3-month
averages, excluding acquisitions and divestitures, including currency translation) |
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FY15
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Automation Solutions
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Commercial Residential Solutions*
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Total Emerson
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|
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October
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0 to 5
|
|
15 to 20
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5 to 10
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November
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-5 to 0
|
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10 to 15
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0 to 5
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December
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-5 to 0
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0 to 5
|
|
|
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January
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-5
|
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-5 to 0
|
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-5 to 0
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February
|
-10
|
|
-5 to 0
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|
-10 to -5
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March
|
-20 to -15
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|
-10 to -5
|
|
-15 to -10
|
|
April
|
-20 to -15
|
|
-10 to -5
|
|
-15 to -10
|
|
May
|
-20 to -15
|
|
-10 to -5
|
|
-15 to -10
|
|
June
|
-20 to -15
|
|
-5 to 0
|
|
-15 to -10
|
|
July
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-20 to -15
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|
-10 to -5
|
|
-15
|
|
August
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-20 to -15
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|
-10 to -5
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|
-20 to -15
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September
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-20 to -15
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-15 to -10
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-20 to -15
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|
|
|
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FY16
|
|
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|
|
|
|
|
|
|
|
|
|
|
October
|
-20 to -15
|
|
-15 to -10
|
|
-15 to -10
|
|
November
|
-15 to -10
|
|
-10
|
|
-15 to -10
|
|
December
|
-15
|
|
-10 to -5
|
|
-15 to -10
|
|
January
|
-20 to -15
|
|
|
|
-10
|
|
February
|
-15 to -10
|
|
|
|
-10 to -5
|
|
March
|
-10 to -5
|
|
0 to 5
|
|
-5 to 0
|
|
April
|
-10 to -5
|
|
|
|
-5
|
|
May
|
-15 to -10
|
|
-5 to 0
|
|
-10 to -5
|
|
June
|
-15
|
|
-5 to 0
|
|
-10
|
|
July
|
-15
|
|
0 to 5
|
|
-10 to -5
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|
August
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-15 to -10
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|
0 to 5
|
|
-10 to -5
|
|
September
|
-15 to -10
|
|
|
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-10 to -5
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Products segments
strictly historical may be forward-looking statements, which
involve risks and uncertainties, and Emerson undertakes no
obligation to update any such statements to reflect later
developments. These risks and uncertainties include Emerson’s
ability to successfully complete on the terms and conditions
contemplated, and the financial impact of, its strategic
portfolio repositioning actions, as well as economic and currency
conditions, market demand, pricing, protection of intellectual
property, and competitive and technological factors, among
others, as set forth in the Company’s most recent Annual Report
on Form 10-K and subsequent reports filed with the SEC.
About Emerson Electric Co. (NYSE:EMR)
Emerson Electric Co. is a diversified global manufacturing company, which provides solutions to customers by bringing technology and engineering together in the industrial, commercial and consumer markets around the world. The Company operates through four segments based on the nature of the products and services rendered: Process Management, Industrial Automation, Climate Technologies and Commercial & Residential Solutions. The Company’s principal production operations are electronics assembly, metal stamping, forming, casting, machining, welding, plating, heat treating, painting and assembly. In addition, the Company uses specialized production operations, including automatic and semiautomatic testing, automated material handling and storage, ferrous and nonferrous machining, and special furnaces for heat treating and foundry applications. The Company provides measurement, control and diagnostic technologies for automated industrial processes. Emerson Electric Co. (NYSE:EMR) Recent Trading Information
Emerson Electric Co. (NYSE:EMR) closed its last trading session up +0.58 at 56.31 with 2,779,734 shares trading hands.
