Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
EMR > SEC Filings for EMR > Form 8-K on 26-Feb-2009All Recent SEC Filings

Show all filings for EMERSON ELECTRIC CO | Request a Trial to NEW EDGAR Online Pro

Form 8-K for EMERSON ELECTRIC CO


26-Feb-2009

Regulation FD Disclosure


Item 7.01. Regulation FD Disclosure.

The following information is furnished pursuant to Regulation FD.

Emerson GAAP Underlying Orders - 3 Month Summary

(Percent change. Trailing 3-month average versus prior year.)



                      November '08 December '08 January '09
Process Management     -15 to -10   -10 to -5   -15 to -10
Industrial Automation     -15       -25 to -20  -30 to -25
Network Power          -15 to -10      -15      -25 to -20
Climate Technologies   -10 to -5    -20 to -15  -25 to -20
Appliance and Tools    -20 to -15      -25      -30 to -25
Total Emerson          -15 to -10   -20 to -15  -25 to -20

January 2009 Order Comments:

Emerson's order rates for the trailing three-month period ending January 2009 continued the negative trend that began in the fourth calendar quarter of 2008 as customers curtailed capital spending and reduced inventory levels at an accelerated rate. Currency exchange rates had a negative impact of approximately 6 percentage points on order growth. We are experiencing another significant step-down in our residential, non-residential, and capital related businesses. Over the last 45 days (including February) we have seen a clear weakening trend in our global markets. As we mentioned during our February 6th Investor Conference in New York City, forecasting has become very challenging and tough.

Process Management orders declined and were down 10 to 15 percent overall. Currency exchange rates had a negative impact of approximately 13 percentage points on order growth including a negative backlog revaluation impact due to the stronger U.S. dollar. The trailing three-month underlying orders excluding currency trended negative for Process Management. The chemical and refining end markets have slowed while the power market remains strong. Capital investments continue broadly across industries to address environmental and regulatory requirements, as well as to improve overall plant efficiencies.

Industrial Automation orders weakened amid the slowdown in global capital spending patterns. Currency negatively impacted orders by approximately 6 percentage points.

Network Power orders continued to show strength in the China power systems business, driven by infrastructure investments in areas such as telecommunications, data centers and wind power. This strength was more than offset by broad weakness across the rest of the business segment.

Broad weakness across residential, commercial and refrigeration end markets negatively impacted Climate Technologies order trends.

Challenging U.S. residential, non-residential and consumer end market conditions continued to impact Appliance and Tools order trends negatively.

Forward-Looking and Cautionary Statements:

Statements in this Current Report on Form 8-K that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include economic and currency conditions, market demand, pricing, and competitive and technological factors, among others, as set forth in the Company's most recent Form 10-K filed with the SEC.


  Add EMR to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for EMR - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.