Emerson Reports Strong Fourth Quarter and Full Year 2018 Results, Provides 2019 Outlook

Strong global demand continued in the quarter as both mature and emerging markets delivered high-single digit underlying growth. Fourth quarter net sales were up 10 percent, with underlying sales up 8 percent excluding unfavorable currency of 2 percent and a positive impact from acquisitions net of divestitures of 4 percent. Emerson's trailing three-month underlying orders growth remained in the 5 to 10 percent range throughout the quarter, with September three-month underlying orders up 8 percent. For the full year, net sales were up 14 percent, with underlying sales up 8 percent.