Rockwell Automation sales decline
Rockwell Automation reported fiscal 2013 second quarter sales of $1.52 billion, down 2 percent from $1.56 billion in the second quarter of fiscal 2012.
Net income was $175.9 million, or $1.24 per share, compared to $167.8 million, or $1.16, in the second quarter of fiscal 2012.
Architecture & Software fiscal 2013 second quarter sales were $639.2 million, a decrease of 4 percent from $664.8 million last year. Organic sales decreased 3 percent. Segment operating earnings were $169.9 million in the second quarter of fiscal 2013 compared to $170.6 million in 2012. Segment operating margin increased to 26.6 percent from 25.7 percent a year ago.
Control Products & Solutions fiscal 2013 second quarter sales were $883.6 million, a decrease of 1 percent from $896.3 million last year. Acquisitions and currency translation had a negligible impact. Segment operating earnings were $115.3 million in the second quarter of fiscal 2013 compared to $105.9 million in 2012. Segment operating margin increased to 13.0 percent from 11.8 percent a year ago.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
