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Net sales of $4.0 billion increased 10%, while operating cash flow from continuing operations increased 23% to $774 million.
August 2, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Emerson announced net sales in the third quarter ended June 30, 2017 were $4.0 billion, up 10%, with underlying sales up 4% excluding unfavorable currency of 1% and an impact from acquisitions of 7%. The third quarter results reflected a return to growth for the company as both platforms delivered net and underlying sales growth and had high-single digit order rates in the quarter. Automation Solutions net and underlying sales turned positive in the quarter, driven by favorable trends in ene...
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