Emerson (NYSE: EMR), St. Louis, MO, reported sales for the fiscal year ended Sept. 30 of $14.5 billion, a decrease of 10.6 percent compared to the same period a year ago. Profit decreased 39.7 percent to $1.6 billion.
Sales in the fourth quarter were $3.9 billion, down 6.5 percent compared to the same period a year ago. Profit for the quarter decreased 32.4 percent to $438 million.