Emerson Electric Co
Industry: Conglomerates

Emerson Electric Co. is engaged in the design, manufacture and sale of a range of electrical, electromechanical and electronic products, systems and services. The Process Control segment includes measurement and analytical instrumentation, valves, control systems and predictive maintenance systems. The Industrial Automation segment includes integral horsepower industrial motors, variable-speed and index drives, mechanical power transmission equipment, ultrasonic welding and cleaning, fluid control, destructive testing and heating and lighting equipment. The Electronics and Telecommunications segment consists of uninterruptible power supplies, power conditioning equipment, environmental control systems, site monitoring systems, connectivity systems and electrical switching equipment.

Business Summary
Emerson Electric Co. is engaged in designing and supplying product technology and delivering engineering services in a wide range of industrial, commercial and consumer markets worldwide. The Company operates in five segments. The Process Management segment provides measurement, control and diagnostic capabilities for automated industrial processes producing items. The Industrial Automation segment brings integrated manufacturing solutions to diverse industries worldwide. The Network Power segment provides power conditioning and reliability to help keep telecommunication systems, data networks and critical business applications continuously operating. The Climate Technologies segment enhances household and commercial comfort, as well as food safety and energy efficiency through air conditioning and refrigeration. The Appliance and Tools segment provides motors for a broad range of applications, appliances and integrated appliance solutions, and tools for homeowners and professionals.

Financial Summary
Emerson Electric Co. is engaged in the worldwide design, manufacture and sale of a range of electrical, electromechanical and electronic products and systems. For the 9 months ended 6/30/05, net sales rose 10% to $12.66B. Net income increased 11% to $1B. Revenues reflect increases in all business segments and double-digit sales growth in Process Management, Industrial Automation and Network Power. Earnings reflect improved gross margins.