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Emerson Reports 2Q 2021 Results

Net sales for 2Q 2021 of $4.4 billion are up 6% from the year prior, with free cash flow of $707 million is up 48%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Emerson reported excellent results 2Q 2021 ended March 31, 2021, with its operating cash flow of $807 million up 37% and free cash flow of $707 million up 48%.  Net sales for 2Q 2021 of $4.4 billion are up 6% from the year prior. Revenue for the quarter was ahead of management’s February guidance, with both business platforms finishing above expectations. Second quarter gross profit margin of 42% was down 10 basis points from the previous year. Operating cash flow was $807 million for th...

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