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Fiscal year net sales of $15.3 billion increased 5%, with free cash flow exceeding $2.2 billion.
October 23, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Emerson previewed selected preliminary financial results for the fourth quarter and fiscal year ended Sept. 30, 2017 and discussed the impact of hurricanes during the closing months of fiscal 2017. These weather events threatened end markets critical to Emerson, and the company had previously communicated that the events could have a negative impact on its financial results. Net sales in the fourth quarter of $4.4 billion increased 13%, reflecting the Valves & Controls acquisition and un...
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