Flexible Electronics News

Emerson Reports First Quarter 2020 Results

Delivered operating cash flow of $424 million, up $101 million, and free cash flow of $310 million, up $142 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Emerson reported results for the first quarter ended Dec. 31, 2019, and announced updated guidance for the fiscal year. First quarter net sales were flat at $4.2 billion, and underlying sales were flat excluding unfavorable currency of 1% and a positive impact from acquisitions net of divestitures of 1%. Growth was in-line with management’s expectations for Commercial & Residential Solutions but somewhat below expectations for Automation Solutions due mainly to slower North American upstrea...

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