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Manufacturer Rockwell Automation, Inc. (NYSE: ROK), Milwaukee, WI, reported sales for the second quarter of $1.6 billion, a 5 percent increase from the previous year, with organic sales also increasing 7 percent. Profit increased 2 percent to $180.3 million.
“I was particularly pleased to see growth in all regions for the first time in over a year. Adjusted earnings per share in the first half of the fiscal year grew a healthy 10 percent in spite of a significant headwind from a higher tax rate.” said Keith D. Nosbusch, CEO.