Item 7.01 Regulation FD Disclosure
The following information is furnished pursuant to Regulation FD.
Emerson Three-Month Orders, Including Foreign Currency Translation (Percentage change versus prior year; trailing three-month averages, excluding acquisitions and divestitures, including currency translation)
June '20 July '20 Aug '20 Automation Solutions (20) (20) (20) to (15) Commercial & Residential Solutions (20) (10) to (5) 0 to 5 Total Emerson (20) (20) to (15) (15) to (10) Orders Comments
Total Emerson trailing three-month orders were down 12 percent with underlying orders down 11 percent, excluding 1 percent of unfavorable currency impact.
Automation Solutions orders were down 19 percent and were down 18 percent on an underlying basis excluding unfavorable currency of 1 percent.
Commercial & Residential Solutions orders were up 2 percent and were up 2 percent on an underlying basis with negligible currency impact.
As expected, August trailing three-month orders reflected a continued challenging demand environment across most automation and commercial markets due to the COVID-19 pandemic and oil market volatility.
However, residential and consumer retail channel demand drove Commercial & Residential Solutions platform orders into positive territory. Further details are furnished in the short slide presentation as Exhibit 99.1.
Upcoming Investor Events
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Forward-Looking and Cautionary Statements
Statements in this Current Report on Form 8-K and furnished in Exhibit 99.1 that
are not strictly historical may be "forward-looking" statements, which involve
risks and uncertainties, and Emerson undertakes no obligation to update any such
statements to reflect later developments. These risks and uncertainties include
the scope, duration and ultimate impact of the COVID-19 pandemic as well as
economic and currency conditions, market demand, including related to the
pandemic and oil and gas price declines and volatility, pricing, protection of
intellectual property, cybersecurity, tariffs, competitive and technological
factors, among others, as set forth in the Company's most recent Annual Report
on Form 10-K and subsequent reports filed with the
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Item 9.01 Financial Statements and Exhibits
(d) Exhibits. Exhibit Number Description of Exhibits 99.1 Slide Presentation - Platform trailing three-month underlying orders detail by world area. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
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