Rockwell Automation Sales Up 7% in 2Q - Modern Distribution Management

Rockwell Automation Sales Up 7% in 2Q

Profit improved slightly for the industrial automation company.

Rockwell Automation, Inc. (NYSE: ROK), Milwaukee, WI, reported fiscal 2012 second quarter sales of $1.6 billion, up 7 percent from the second quarter of fiscal 2011. Acquisitions contributed 1 percentage point to the increase and currency translation reduced sales by 1 percentage point. Profit was $167.8 million compared to $166.4 million last year.

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Architecture & Software fiscal 2012 second quarter sales were $664.8 million, an increase of 7 percent from $624.2 million last year. Currency translation reduced sales by 1 percentage point. Segment operating earnings were $167.7 million in the second quarter of fiscal 2012, compared to $152.2 million in 2011. Segment operating margin increased to 25.2 percent in the second quarter of fiscal 2012, from 24.4 percent a year ago.

Control Products & Solutions fiscal 2012 second quarter sales were $896.3 million, an increase of 7 percent from $839.9 million last year. Acquisitions contributed 2 percentage points to the increase and currency translation reduced sales by 1 percentage point. Segment operating earnings increased to $100.6 million in the second quarter of fiscal 2012, compared to $92.0 million in 2011. Segment operating margin was 11.2 percent in the second quarter of fiscal 2012, compared to 11.0 percent a year ago.

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