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Emerson (NYSE: EMR), St. Louis, Missouri, reported first-quarter sales of $4.2 billion, up 0.1% compared with the year-ago period. The company reported net earnings of $329 million, compared to $467 million in the first quarter of 2019.
The company said underlying sales were flat excluding unfavorable currency of 1% and a positive impact from acquisitions net of divestitures of 1%.