Skip to main content Q3 2015 Earnings Call – Emerson Electric Co. Investor Presentation | Shale Experts
Loading...
Pm

Q3 2015 Earnings Call – Emerson Electric Co.

Emerson Electric Co. · Aug 4, 2015 · 12 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q3 2015 Earnings Call – Emerson Electric Co. – slide 1
    Third Quarter 2015 Summary Net sales decreased 13% to 5.5 billion, with underlying sales* down 5% Continued pressure from lower oil prices resulted in further capital spending reductions by global customers in oil and gas markets,…
  2. Q3 2015 Earnings Call – Emerson Electric Co. – slide 2
    Third Quarter 2015 Summary Gross profit margin declined 120 basis points to 40.6% driven by: Volume deleverage; quickly adjusting production and inventory levels Unfavorable business mix Impact of the stronger U.S. dollar on…
  3. Q3 2015 Earnings Call – Emerson Electric Co. – slide 3
    Third Quarter 2015 P&L Summary (M excl. EPS) 2014 2015 Chg. Sales 6,312 5,503 (13%) Underlying sales* down 5% Gross Profit 2,638 2,234 (15%) GP margin % of Sales 41.8% 40.6% (120 bps) decreased from volume deleverage, SG&A…
  4. Q3 2015 Earnings Call – Emerson Electric Co. – slide 4
    Third Quarter 2015 Underlying Sales Change United States (7%) Europe (2%) Asia (7%) China (14%) Latin America (10%) Canada (1%) Middle East/Africa 3% Underlying Sales* (5%) Divestitures (3) pts FX (5) pts Net Sales (13%)…
  5. Q3 2015 Earnings Call – Emerson Electric Co. – slide 5
    Third Quarter 2015 Business Segment Earnings & Cash Flow (M) 2014 2015 Chg. Business Segment EBIT* 1,152 886 (23%) Volume deleverage, unfavorable mix and % of Sales* 17.7% 15.5% (220) bps increased restructuring Accounting Methods…
  6. Q3 2015 Earnings Call – Emerson Electric Co. – slide 6
    Third Quarter 2015 Process Management Sales % Chg. vs. PY Segment Results NA (5%) (M) 2014 2015 Chg. Asia (7%) Sales 2,317 2,084 (10%) China (13%) Europe (1%) LAM (17%) EBIT 473 373 (21%) MEA 5% % of Sales 20.4% 17.9% (250) bps…
  7. Q3 2015 Earnings Call – Emerson Electric Co. – slide 7
    Third Quarter 2015 Industrial Automation Sales % Chg. vs. PY Segment Results NA (11%) (M) 2014 2015 Chg. Asia (1%) Sales 1,289 990 (23%) China (4%) Europe (2%) LAM (11%) EBIT 214 156 (27%) MEA (3%) % of Sales 16.6% 15.8% (80)…
  8. Q3 2015 Earnings Call – Emerson Electric Co. – slide 8
    Third Quarter 2015 Network Power Sales % Chg. vs. PY Segment Results NA (10%) (M) 2014 2015 Chg. Asia (17%) Sales 1,237 1,028 (17%) China (28%) Europe (4%) LAM - EBIT 107 37 (65%) MEA (22%) % of Sales 8.7% 3.6% (510) bps…
  9. Q3 2015 Earnings Call – Emerson Electric Co. – slide 9
    Third Quarter 2015 Climate Technologies Sales % Chg. vs. PY Segment Results NA (6%) (M) 2014 2015 Chg. Asia 3% Sales 1,191 1,125 (6%) China (4%) Europe (4%) LAM (9%) EBIT 250 222 (11%) MEA 28% % of Sales 21.0% 19.7% (130) bps…
  10. Q3 2015 Earnings Call – Emerson Electric Co. – slide 10
    Third Quarter 2015 Commercial & Residential Solutions Sales % Chg. vs. PY Segment Results NA - (M) 2014 2015 Chg. Asia 2% Sales 492 477 (3%) China (7%) Europe - LAM 18% EBIT 108 98 (9%) MEA (9%) % of Sales 22.1% 20.6% (150) bps…
  11. Q3 2015 Earnings Call – Emerson Electric Co. – slide 11
    Fiscal Year 2015 Outlook Difficult market conditions to remain in the fourth quarter Reduced capital spending in oil and gas, particularly upstream project activity Continued broad slowdown in industrial spending, particularly…
  12. Q3 2015 Earnings Call – Emerson Electric Co. – slide 12
    Reconciliation of Non-GAAP Measures & Other This information reconciles non-GAAP measures (denoted with a *) with the most directly comparable GAAP measure (M except per share amounts). Process Industrial Network Climate Comm & Q3…

From the store

Browse maps, data & reports in the Shale Experts store