Emerson Electric ( (EMR) ) has released its Q4 earnings. Here is a breakdown of the information Emerson Electric presented to its investors.
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Emerson Electric is a global technology and software company known for providing advanced automation solutions across various industries, including hybrid, process, and discrete manufacturing, helping clients optimize operations and achieve sustainability goals.
In its latest earnings report for the fiscal year ending September 30, 2024, Emerson Electric announced a quarterly cash dividend increase and shared its financial achievements and strategic goals. The company highlighted significant growth in underlying sales and operating cash flow, alongside a strong performance in its automation portfolio.
Key financial metrics for Emerson’s fiscal year 2024 included a 15% increase in net sales, reaching $17.492 billion, and a 24% rise in adjusted earnings per share to $5.49. The company also reported an 8% growth in operating cash flow and a 23% increase in free cash flow. Despite a decrease in GAAP earnings per share by 29%, Emerson achieved an adjusted segment EBITA margin improvement to 26.0%.
Strategically, Emerson has focused on portfolio transformation towards becoming a leading industrial technology provider. The integration of Test & Measurement has yielded $100 million in synergies, and the company is set to continue creating shareholder value through its higher growth and margin portfolio.
Looking ahead, Emerson projects continued momentum into fiscal 2025, with expectations of net sales growth between 3.5% to 5.5% and adjusted earnings per share ranging from $5.85 to $6.05. The company remains committed to its transformation journey and delivering value for its stakeholders.
