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Posted July 26, 2017

Rockwell Automation sales up 8.5 percent

Rockwell Automation reported fiscal 2017 third quarter sales of $1.6 billion, up 8.5 percent from $1.5 billion in the third quarter of fiscal 2016.


Organic sales grew 8.2 percent. Currency translation reduced sales by 0.9 percentage points, and acquisitions contributed 1.2 percentage points to sales growth.

Fiscal 2017 third quarter net income was $216.9 million or $1.67 per share, compared to $191.0 million or $1.46 per share in the third quarter of fiscal 2016. 

“I am pleased to see broad-based sales growth across regions and industries. Growth was led by double-digit increases in Asia Pacific and Latin America. The U.S., our largest market, was up 10 percent, including the contribution from acquisitions. Transportation, food and beverage, and semiconductor were strong," said Blake D. Moret, president and chief executive officer.

Architecture & Software quarterly sales were $731.9 million, an increase of 9.8 percent compared to $666.4 million in the same period last year. 

Control Products & Solutions quarterly sales were $867.3 million, an increase of 7.4 percent compared to $807.6 million in the same period last year.

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