First quarter of 2018
Rockwell Automation reports sales growth
Rockwell Automation has announced its figures for the first quarter of 2018: The US provider of industrial automation and information solutions achieved sales of USD 1.59 billion, up 6.5% on the same period last year.
Organic sales growth at Rockwell Automation amounted to 5.3% in the first quarter of 2018, which ended on December 31, 2017. Currency effects reduced sales by 2.5%. Disposals reduced sales by 1.3 percentage points.
The Architecture & Software division generated turnover of around USD 747 million in the first quarter of 2018. This corresponds to an increase of 7.3% compared to the same quarter of the previous year (USD 696 million). Organic sales climbed by 4.6 percentage points, while currency effects reduced sales by 2.7%. The operating result amounted to USD 225 million compared to USD 209 million in the first quarter of 2017. The margin increased to 30.1%, compared to 30% in the same period of the previous year.
In the Control Products & Solutions division, sales amounted to around USD 840 million, which corresponds to growth of 5.8% compared to the same quarter of the previous year (USD 794 million). Organic sales increased by 5.9%, currency effects reduced sales by 2.3% and disposals reduced sales by 2.4%. The operating result amounted to USD 131 million (2017: USD 108 million). At 15.6%, the margin is slightly above the previous year's level (13.6%).
You might also be interested in
Susana Gonzalez becomes EMEA President
Rockwell Automation has appointed Susana Gonzalez as President of the Europe, Middle East and Africa (EMEA) region. Gonzalez will be responsible for implementing the company's growth and customer strategy as well as leading the commercial and sales...
read more...Rockwell Automation joins PTC
Rockwell Automation is investing EUR 1 billion in PTC, a provider of IoT and augmented reality software. The aim of the partnership is to combine the technologies.
read more...Rockwell Automation takes over Odos Imaging
Rockwell Automation will acquire Odos Imaging, a Scottish technology company that provides three-dimensional time-of-flight sensor systems for machine vision applications.
read more...Rockwell takeover failed
Despite an improved offer, Emerson once again failed to take over Rockwell Automation.
read more...Rockwell closes financial year 2017
Blake Moret, President and CEO of Rockwell Automation, has announced the US industrial group's financial figures for the fourth quarter and full year 2017.
read more...Blake Moret new Chief Executive Officer
The Rockwell Automation Board of Directors has elected President and CEO Blake D. Moret as Chairman of the Board effective January 1, 2018. Moret (54) succeeds Keith D. Nosbusch, who will retain his role as Director.
read more...New Chief Financial Officer appointed
As of August 19, 2024, Christian Rothe is Senior Vice President and Chief Financial Officer at Rockwell Automation. He will report to Rockwell Chairman and Chief Executive Officer Blake Moret.
read more...Management change in Central Europe
Rockwell Automation announces significant changes to its leadership team for the German-speaking market. The company has appointed three new Managing Directors for Germany, Switzerland and Austria.
read more...HMI in the assembly line modernized
Swedish packaging manufacturer Kinnareds Well has modernized its human-machine interfaces in the assembly line with Rockwell Automation partner Hax Technologies. The aim was to improve productivity and user-friendliness.
read more...