Rockwell Automation sales rise 3.7 percent
Rockwell Automation reported fiscal 2018 fourth quarter sales of $1,729.5 million, up 3.7 percent from $1,667.5 million in the fourth quarter of fiscal 2017.
Organic sales grew 7.3 percent. Currency translation reduced sales by 2.2 percentage points, and the prior year divestiture reduced sales by 1.4 percentage points.
Net income was $345.9 million or $2.80 per share, compared to $204.6 million or $1.57 per share in the fourth quarter of fiscal 2017.
Sales were $6,666.0 million in fiscal 2018, up 5.6 percent from $6,311.3 million in fiscal 2017. Organic sales grew 5.5 percent. Currency translation increased sales by 1.4 percentage points, and the prior year divestiture reduced sales by 1.3 percentage points.
Fiscal 2018 net income was $535.5 million or $4.21 per share, compared to $825.7 million or $6.35 per share in fiscal 2017.
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.
