Rockwell Automation, Inc. (NYSE: ROK), Milwaukee, reported sales for the fourth quarter of fiscal 2019 of $1.7 billion, flat compared to the same quarter a year ago. Organic sales increased 1.4%. Net income was $8.1illion, compared to a profit of $345.9 million the previous year's quarter.
Sales for fiscal 2019 were $6.7 billion, up 0.4% over 2018. Net income was $695.8 million, compared to $535.5 million the previous year.
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Profit was $34.4 million compared to $42 million in 2019.
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For the fourth quarter, sales were $84.2 million, a 19% increase year-over-year.
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Both transactions are expected to close in the spring of 2020.