Emerson, St. Louis, MO, reported sales for fiscal 2007 were $22.6 billion, an increase of 12% from the prior year. This was a result of 7% underlying sales growth. Currency translation added more than 2% and acquisitions, net of divestitures, added nearly 3% to reported sales growth.
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Sales for the fourth quarter ended Sept. 30, 2007, were $6.1 billion, an increase of 11% over the $5.5 billion reported in the same period last year. The company achieved underlying sales growth in the quarter of 7% excluding increases of 3% due to favorable currency exchange rates and 1% from acquisitions, net of divestitures.
Process Management in 2007 reported sales were up 17% to $5.7 billion. Underlying sales growth for the year was 11%, which excludes favorable impacts …
