Flexible Electronics News

Emerson Reports Strong 2Q 2018 Results

Net sales are up 19% with EBIT margin of 16.3%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Emerson announced net sales were up 19% in the second quarter ended March 31, 2018, with underlying sales up 8% excluding favorable currency of 3% and an impact from acquisitions and divestitures of 8%. The second quarter results reflect strong global economic conditions and continued favorable demand. Both mature and emerging markets delivered high-single digit underlying growth.   Margins improved versus prior year, excluding the impact of recent acquisitions, driven by leverage on higher sa...

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