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Free cash flow from continuing operations was $2.2 billion, or a record high of 14.5% of net sales.
November 9, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Emerson reported results for the fourth quarter and fiscal year ended Sept. 30, 2017. Fiscal year net sales of $15.3 billion increased 5%, with underlying sales up 1% excluding slightly unfavorable currency and an impact from acquisitions of 4%.The Company exited the fiscal year with September trailing three month underlying orders up 11%, which were in line with expectations communicated by management in May 2017. Pretax margin of 15.3% and EBIT margin of 16.4% decreased 70 and 80 basis...
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