Quarterly figures
Good start to the year for Rockwell Automation
Blake Moret, CEO of Rockwell Automation, has announced the figures for the first quarter of 2017: With sales of USD 1.49 billion, the US provider of industrial automation and information solutions achieved an increase of 4.5% compared to the same quarter of the previous year.
Organic sales growth at Rockwell Automation was 3.8% in the first quarter of 2017, which ended on December 31, 2016. This result exceeded expectations, according to CEO Blake Moret. Currency effects reduced sales by 1.1 % . In contrast, company acquisitions contributed 1.8 percentage points to sales growth.
The Architecture & Software division generated sales of around USD 696 million in the first quarter of 2017. This corresponds to an increase of 8.3% compared to the same quarter of the previous year (USD 643 million). Organic sales climbed by 7.6 percentage points, currency effects reduced sales by 1% and company acquisitions increased them by 1.7%. The operating result amounted to USD 209 million compared to USD 176 million in the first quarter of 2016. The margin rose to 30%, compared to 27.4% in the same period of the previous year. Rockwell Automation cites the increase in sales in particular as the reason for the rise.
In the 'Control Products & Solutions' division, sales amounted to around USD 794 million, which corresponds to growth of 1.3% compared to the same quarter of the previous year (USD 784 million). Organic sales rose by 0.7%, currency effects reduced sales by 1.3% and company acquisitions increased them by 1.9%. The operating result amounted to USD 108 million (2016: USD 120 million). At 13.6%, the margin is slightly below the previous year's level (15.3%).
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