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Fourth quarter net sales of $5.0 billion increased 2%; full year free cash flow is $2.4 billion.
November 7, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Emerson reported results for the fourth quarter and fiscal year ended Sept. 30, 2019. Fourth quarter net sales were up 2% to $5 billion, with underlying sales up 3% excluding unfavorable currency of 2% and a positive impact from acquisitions of 1%. Growth was in line with management expectations for Automation Solutions but below expectations for Commercial & Residential Solutions due to cooler weather conditions in North America that unfavorably impacted air conditioning and construction m...
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