The 2020 Mid-Year Economic Update_long

Rockwell Automation Organic Sales Up 1.5% in 1Q

Architecture & Software and Control Products & Solutions segments both saw modest increases.

Rockwell Automation, Inc. (NYSE: ROK), Milwaukee, WI, reported sales for the 2013 first quarter ended Dec. 31, 2012, of $1.5 billion, an increase of 1 percent compared to the same period a year earlier. Organic sales increased 1.5 percent. Profit fell 11.9 percent to $161.4 million.

Architecture & Software first-quarter sales were $657.5 million, an increase of 1 percent from the prior-year period. Organic sales increased 2 percent.

Control Products & Solutions first-quarter sales were $831.7 million, a 1 percent increase year-over-year. Acquisitions and currency translation had a minimal impact.

"Stabilization of macroeconomic indicators and forecasts, coupled with our rebuilt backlog, reinforce our expectations of stronger growth in the second half of the year compared to the first half. We will continue to monitor business conditions closely and pace our investments accordingly," said Keith D. Nosbusch, chairman and CEO.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By :