8-KRegulation FD

EMERSON ELECTRIC CO 8-K Report, Regulation FD Disclosure (Sep 19, 2008)

Filed September 19, 2008For Securities:EMR

Summary

This Form 8-K filing by Emerson Electric Co. (EMR) provides an update on its order growth trends for the three months ending August 2008. The company reported solid overall order growth in the 5% to 10% range, with currency exchange rates contributing approximately 2 percentage points, a lower contribution than in previous periods due to a stronger U.S. dollar. The report details performance across various business segments, noting strength in Process Management and Industrial Automation, mixed results in Network Power, resilience in Climate Technologies, and continued weakness in Appliance and Tools. Investors are also informed of upcoming investor events, including the release of fourth quarter and fiscal year 2008 results on November 4, 2008, with a conference call. Additionally, Emerson's CEO will present at the Baird 2008 Industrial Conference on November 12, 2008. These updates offer insights into the company's current operational performance and future engagement opportunities for stakeholders.

Key Highlights

  • 1Emerson Electric Co. reported overall order growth in the 5% to 10% range for the trailing three months ending August 2008.
  • 2Currency exchange rates contributed approximately 2 percentage points to order growth, a decrease from prior periods due to a stronger U.S. dollar.
  • 3Process Management and Industrial Automation segments showed continued strength, driven by global project activity and specific business unit performance.
  • 4Network Power experienced broad geographic and end-market diversity but faced tougher comparisons to the prior year and softness in telecommunications markets.
  • 5Climate Technologies orders were supported by European heat pump markets and North American warm weather, though somewhat offset by cooler August weather.
  • 6The Appliance and Tools segment continued to show weakness, with some business areas performing well but others lagging.
  • 7The company announced its Q4 and FY2008 earnings release date as November 4, 2008, with an investor conference call scheduled.

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