What was the overall order growth for Emerson Electric in the most recent period reported?

For the trailing three-month period ending November 2004, Emerson Electric reported a consistent increase in total orders of 5% to 10% compared to the prior year. This trend held steady for September, October, and November 2004.

Which segments performed particularly well in terms of orders?

The Process Management segment showed strong growth, with November orders up 10% to 15%, led by measurement and analytical instruments, and valves. Industrial Automation also experienced robust growth, with November orders up 10% to 15%, driven by capital spending and industrial demand in North America. Network Power orders also improved.

Were there any segments that showed weakness?

Yes, the Climate Technologies segment saw a decline in orders for November 2004, with a percentage change of -5% to 0%. This was attributed to slower growth in the U.S. residential air conditioning market and challenging comparisons to the prior year's performance.

What is the significance of the currency exchange rates mentioned?

Favorable currency exchange rates had a positive impact on Emerson's reported order growth. In November 2004, currency movements contributed approximately 2.5 to 3 percentage points to the overall 5% to 10% order increase.

EMR 8-K: Regulation FD — Dec 21, 2004

Summary

Emerson Electric Co. (EMR) filed an 8-K on December 21, 2004, to provide an update on their underlying order trends for the three months ending November 2004, and to announce an upcoming investor event. The report indicates consistent, positive order growth across the company for the trailing three-month period, with total Emerson orders increasing by 5% to 10%. Favorable currency exchange rates were a notable contributor, accounting for approximately 2.5 to 3 percentage points of this increase. This positive order momentum was driven by robust demand in segments like Process Management and Industrial Automation, particularly in North America and emerging markets. While most segments showed strength, Climate Technologies experienced a slight slowdown, attributed to the U.S. residential air conditioning market and prior year comparisons. The company also announced its Annual Investment Community Update scheduled for January 27, 2005, in New York City, which will be webcast.

Key Highlights

1Emerson reported consistent positive order growth for the trailing three-month period ending November 2004, with total company orders up 5% to 10%.
2Favorable currency exchange rates provided a tailwind, contributing approximately 2.5% to 3% to the total order increase in November 2004.
3The Process Management segment showed strong order growth (10% to 15% in November) driven by measurement, analytical instruments, and solutions, with particular strength in emerging markets.
4Industrial Automation also demonstrated robust order performance (10% to 15% in November), fueled by capital spending and industrial demand in North America.
5Network Power orders improved (10% to 15% in November), benefiting from strong performance in Asia and North America.
6Climate Technologies experienced a deceleration in orders (-5% to 0% in November), primarily due to the U.S. residential air conditioning market and tougher prior-year comparisons.
7Emerson announced its Annual Investment Community Update will be held on January 27, 2005, in New York City, with a webcast available.

EMERSON ELECTRIC CO 8-K Report, Regulation FD Disclosure (Dec 21, 2004)

Summary

Key Highlights

Frequently Asked Questions