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Net sales of $3.8 billion increased 19%, with operating cash flow from continuing operations increasing 9% to $447 million.
February 9, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Emerson announced net sales in the first quarter ended Dec. 31, 2017 were $3.8 billion, up 19%, with underlying sales up 7% excluding favorable currency of 3% and an impact from acquisitions and divestitures of 9%. The first quarter results reflected continued favorable global economic conditions as both platforms delivered solid underlying sales growth. December trailing three month underlying orders were up 7% and the company expects orders to trend in a range of 5% to 10% for the remainde...
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