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First Quarter 2015 Earnings Conference Call – Emerson Electric Co.

Emerson Electric Co. · Feb 3, 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. First Quarter 2015 Earnings Conference Call – Emerson Electric Co. – slide 1
    First Quarter 2015 Earnings Conference Call February 3, 2015 Safe Harbor Statement Our commentary and responses to your questions may contain forward-looking statements, including our outlook for the remainder of the year, and Emerson…
  2. First Quarter 2015 Earnings Conference Call – Emerson Electric Co. – slide 2
    First Quarter 2015 Highlights Net sales were unchanged at 5.6 billion, with underlying sales* up 6% Underlying sales increased in all segments, with Climate Technologies strongest Strong growth in North America and Latin America,…
  3. First Quarter 2015 Earnings Conference Call – Emerson Electric Co. – slide 3
    First Quarter 2015 P&L Summary (M excl. EPS) 2014 2015 Chg. Sales 5,606 5,587 -- Underlying sales* up 6% Gross profit 2,236 2,280 2% Continued expansion from portfolio management and % of sales 39.9% 40.8% 90 bps efficiency…
  4. First Quarter 2015 Earnings Conference Call – Emerson Electric Co. – slide 4
    First Quarter 2015 Underlying Sales Change United States 8% Europe 1% Asia 2% China 1% Latin America 15% Canada 21% Middle East/Africa -- Underlying sales* 6% Acquisitions -- pts Divestitures (3) pts FX (3) pts Net sales…
  5. First Quarter 2015 Earnings Conference Call – Emerson Electric Co. – slide 5
    First Quarter 2015 Business Segment Earnings & Cash Flow (M) 2014 2015 Chg. Business segment EBIT* 825 864 5% Margin expansion led by Climate Technologies and % of sales* 14.4% 15.0% 60 bps Process Management aided by portfolio…
  6. First Quarter 2015 Earnings Conference Call – Emerson Electric Co. – slide 6
    First Quarter 2015 Process Management Sales % Chg. vs. PY Segment Results NA 9% (M) 2014 2015 Chg. Asia 1% Sales 2,041 2,099 3% China 3% FX (3) pts Europe 4% LAM 26% MEA (1)% EBIT 373 392 5% Underlying* 6% % of sales 18.3% 18.7%…
  7. First Quarter 2015 Earnings Conference Call – Emerson Electric Co. – slide 7
    First Quarter 2015 Industrial Automation Sales % Chg. vs. PY Segment Results NA 13% (M) 2014 2015 Chg. Asia 5% Sales 1,149 1,152 --% China 6% FX (4) pts Europe (8%) LAM 7% MEA (10%) EBIT 162 164 1% Underlying* 4% % of sales…
  8. First Quarter 2015 Earnings Conference Call – Emerson Electric Co. – slide 8
    First Quarter 2015 Network Power Sales % Chg. vs. PY Segment Results NA 1% (M) 2014 2015 Chg. Asia -- Sales 1,303 1,119 (14%) China (1%) Divestitures (12) pts Europe 13% FX (3) pts LAM (18%) MEA (8%) EBIT 83 79 (5%) Underlying*…
  9. First Quarter 2015 Earnings Conference Call – Emerson Electric Co. – slide 9
    First Quarter 2015 Climate Technologies Sales % Chg. vs. PY Segment Results NA 26% (M) 2014 2015 Chg. Asia 2% Sales 786 900 15% China (3%) FX (2) pts Europe (3%) LAM 39% MEA 31% EBIT 107 126 18% Underlying* 17% % of sales 13.6%…
  10. First Quarter 2015 Earnings Conference Call – Emerson Electric Co. – slide 10
    First Quarter 2015 Commercial & Residential Solutions Sales % Chg. vs. PY Segment Results NA 4% (M) 2014 2015 Chg. Asia (2%) Sales 466 480 3% China (12%) FX (1) pts Europe (2%) LAM 6% MEA 24% EBIT 100 103 3% Underlying* 4% % of…
  11. First Quarter 2015 Earnings Conference Call – Emerson Electric Co. – slide 11
    Fiscal Year 2015 Outlook Global macroeconomic environment is mixed with favorable trends in North America with contrasting weakness in Europe and emerging markets Strength of the U.S. dollar is a significant headwind for 2015…
  12. First Quarter 2015 Earnings Conference 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 & Q1…

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