Flexible Electronics News

Emerson Reports Full Year, 4Q 2016 Results That Exceed Expectations

Net sales including sales from discontinued operations were $20.2 billion, down 9%, with operating cash flow of $2.9 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Emerson reported results for the fourth quarter and fiscal year ended Sept. 30, 2016. As a result of pending divestitures, results for the historical Network Power segment and for the Leroy-Somer and Control Techniques businesses previously included in our historical Industrial Automation segment are now being reported as discontinued operations.   Fiscal year sales of $20.2 billion declined 9% as the company faced difficult conditions in key served markets, which have continued for seven cons...

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