Rockwell Reports 13% Increase in 3Q
Rockwell Automation, Inc., Milwaukee, WI, supplier of industrial automation power, control and information solutions, reported sales for the third quarter of $1,428.4 million, up 13% compared with $1,264.7 million in the same period a year ago.
Net income for the quarter was $149 million, compared with $127.3 million a year ago.
Sales for the nine months ended June 30, 2006, were $4,107.7 million, up 12% from the prior-year period. Net income for the nine months ended June 30, 2006, was $441.2 million, compared with $410.7 million in the same period a year ago.
Following is a discussion of third quarter results for each business.
Control Systems third quarter sales were $1,166.1 million, an increase of 13% compared ...