Emerson reports total three-month orders growth for January 0%-5%

theflyonthewall.com

Trailing three-month orders growth reflected demand improvement in total, with varied trends among businesses and end markets. Orders acceleration in Climate Technologies and improved trends in Process Management offset weakness in Industrial Automation and the embedded computing and power business. Underlying orders growth, excluding favorable currency translation of 1 percentage point, increased 1%. Industrial Automation orders decreased, as weakness continued in industrial goods end markets. Process Management orders growth accelerated. Order trends remained unchanged in Network Power, with mixed trends among businesses and end markets. Strong orders growth in Climate Technologies reflected improving market conditions in all regions.

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