Sun02012015

Last updateFri, 30 Jan 2015 2pm

Back You are here: Home News Industry Headlines Valve Manufacturing Emerson Process Management Reports Third Quarter 2014 Results

Valve Manufacturing

Emerson Process Management Reports Third Quarter 2014 Results

Emerson Process Management net sales grew 6%, supported by stable and sustained levels of investment in the global energy and chemical industries. Underlying sales increased 2% in the third quarter, reflecting mixed market conditions across regions and continued cautious project execution by customers. Acquisitions added 4%. North America grew 7%, as unconventional oil and gas projects remained robust, and Europe increased 5%, led by strong growth in developing countries. Asia decreased 2%, as softness and difficult comparisons in Australia offset continued strength in China. Segment margin remained solid at 20.4%, declining from the prior year as strategic investments continued to support future profitable growth. Solid near-term growth is expected, supported by strengthening in North America, anticipated recovery in Asia, and record backlog. 

New Products

 

Valve Magazine Digital Edition

15 WNT CVR 160x214Inside the Winter 2015 issue…

• Your Control Systems Are at Risk!
• Building a Better Workforce
• Focus on the Offshore Market
• Forgings: Quality with a Cost

CLICK HERE TO REQUEST YOUR
DIGITAL EDITION PREVIEW EMAIL

research chems liquid proviron winstrol side effects buy aromasin online really wide hips