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In The News:

Rockwell Automation 1Q Sales Climb 28%

Rockwell Automation, Inc. (NYSE: ROK), Milwaukee, WI, reported sales for the first quarter ended Dec. 31, 2010, were $1.67 billion, an increase of 28 percent over first quarter of fiscal 2010. Profit was $150.1 million, compared to $76.6 million a year ago.

"We saw strong sales growth in the quarter across all regions, led by emerging markets," CEO Keith D. Nosbusch said. "Our strong revenue performance in the first quarter, along with positive macroeconomic trends and forecasts, indicates that the global industrial recovery is continuing."

Architecture & Software first quarter sales were $613.9 million, an increase of 31 percent from the first quarter of fiscal 2010. First quarter sales were up 7 percent sequentially. Segment operating earnings were $153.1 million, compared to $99 million a year ago. Architecture & Software segment operating margin was 24.9 percent in the first quarter of fiscal 2011, compared to 21.1 percent a year ago.

Control Products & Solutions fiscal 2011 first quarter sales were $751.9 million, an increase of 26 percent from the first quarter of fiscal 2010. First quarter sales were down 4 percent sequentially. Segment operating earnings were $68.9 million, up from $37.8 million in the first quarter of fiscal 2010. Control Products & Solutions segment operating margin was 9.2 percent in the first quarter of fiscal 2011, compared to 6.3 percent a year ago.

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