Emerson Electric Co. Releases Presentation on Global Industrial Technology Leadership and Automation Portfolio

Reuters
Aug 07
Emerson Electric Co. Releases Presentation on Global Industrial Technology Leadership and Automation Portfolio

Emerson Electric Co. has provided an overview of its recent performance and strategic advancements. The company reported three consecutive years of growth at or above its organic growth framework, achieving a 26.0% adjusted segment EBITA, marking an increase of 550 basis points from 2021. Additionally, Emerson's adjusted EPS demonstrated over 20% year-on-year growth for three consecutive years. Emerson highlighted its extensive portfolio in automation, with significant adoption across various industries such as life sciences and semiconductors. The company also emphasized its control systems' automation of 50% of power generation in North America and its control over 65,000 wind turbines globally. Furthermore, Emerson announced its acquisition of AspenTech, which now functions as an independent business unit within Control Systems & Software. You can access the full presentation through the link below.

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