The final 2006 fiscal year (Oct ’05-Sep ’06) numbers were released today by Emerson and they showed record net sales. Overall the company grew to $20.1 billion from $17.3 billion USD in fiscal year 2005. Our Emerson Process Management division led the way. From the release:
Process Management’s strong performance continued in 2006 as sales increased 16 percent to $4.9 billion. Underlying sales growth was 13 percent, led by 15 percent growth in the United States and Asia and 20 percent growth in Latin America.
As I began the Emerson Process Experts blog back in late February of this year, I’ve had a chance to meet many of the experts across the Emerson Process Management group. These are the experts who build the technologies that go into some of the leading brands: PlantWeb, AMS Suite, Bristol, Daniel, DeltaV, Fisher, Mobrey, Micro Motion, Ovation, Rosemount, SmartProcess, and SureService to name some. They are also the experts who help plan, engineer, install, commission, and optimize process manufacturing plants around the globe.
These experts responded to strong global demand for process automation products and services to help process manufacturers become more efficient and competitive. And, they helped to deliver these strong financial results.
Now on to 2007!