8-KRegulation FD

EMERSON ELECTRIC CO 8-K Report, Regulation FD Disclosure (May 24, 2017)

Filed May 24, 2017For Securities:EMR

Summary

Emerson Electric Co. (EMR) filed an 8-K on May 24, 2017, providing an update on its order trends for the three months ending April 2017 and announcing an upcoming investor presentation. The company reported that total Emerson trailing three-month orders increased by 2% compared to the prior year. This growth was driven by a 6% increase in underlying orders when excluding the negative impact of currency translation, which detracted 4%. Both the Automation Solutions and Commercial & Residential Solutions segments experienced mid-single-digit underlying growth. Investors should note that this filing precedes a presentation by CEO David Farr at the Electrical Products Group Conference. While the order trends indicate modest overall growth and positive underlying performance, the currency headwinds are a significant factor. The company's commentary suggests a balanced performance across its key business segments, with underlying demand remaining robust. Further details and outlook will likely be provided during the webcast, which will be accessible on Emerson's investor relations website.

Key Highlights

  • 1Emerson reported a 2% increase in trailing three-month orders for April 2017 compared to the prior year.
  • 2Underlying orders (excluding currency impact) increased by a stronger 6%.
  • 3Unfavorable currency translation negatively impacted orders by 4%.
  • 4Both Automation Solutions and Commercial & Residential Solutions segments showed mid-single-digit underlying order growth.
  • 5CEO David Farr is scheduled to present at the Electrical Products Group Conference on May 24, 2017.
  • 6A webcast of the CEO's presentation will be available on Emerson's investor relations website.

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