Flexible Electronics News

Emerson Reports 4Q, Full Year 2020 Results

Full year free cash flow was $2.55 billion, up 6%, on sales of $16.8 billion.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Emerson reported results for the fourth fiscal quarter and fiscal year ended September 30, 2020.   Fourth quarter GAAP net sales of $4.6 billion were down 8%, while underlying sales were down 9%, in-line with management guidance. Full year GAAP net sales of $16.8 billion were down 9%; underlying sales were down 8%, also in-line with management guidance. Fourth quarter gross profit margin of 41.3% was down 150 basis points from the previous year primarily due to volume deleverage and mix.  ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters