Emerson (NYSE: EMR), St. Louis, MO, reported sales for the fiscal year ended Sept. 30 of $15.3 billion, an increase of 5 percent compared to the same period a year ago. Profit decreased 7 percent to $1.5 billion.
Sales in the fourth quarter were $4.4 billion, up 13 percent compared to the same period a year ago. Profit for the quarter increased 15 percent to $504 million.