Emerson Network Power News Releases


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2016-08-02
​Emerson announced net sales in the third quarter ended June 30, 2016 were down 7 percent, with underlying sales down 5 percent excluding unfavorable currency translation and an impact from a divestiture, net of acquisitions of 1 percent each.​
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2016-08-02
​Emerson (NYSE: EMR) today announced an agreement to sell Network Power to Platinum Equity and a group of co-investors.  The transaction is valued at $4 billion and Emerson will retain a subordinated interest in Network Power.  ​
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2016-05-03
​Emerson today announced net sales in the second quarter ended March 31, 2016 were down 9 percent, with underlying sales down 5 percent excluding unfavorable currency translation and an impact from divestitures of 2 percent each. ​
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2016-02-02
​Emerson announced net sales in the first quarter ended December 31, 2015 were down 16 percent, with underlying sales down 9 percent excluding unfavorable currency translation of 4 percent and an impact from divestitures of 3 percent.​
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2014-12-15
Emerson (NYSE: EMR) today announced that it has agreed
to sell its Power Transmission Solutions business unit to Regal Beloit
Corporation (NYSE: RBC).  The transaction is valued at $1.44 billion,
representing cash proceeds of $1.4 billion plus assumption of certain
postretirement liabilities, and is expected to close in the first
calendar quarter of 2015, subject to regulatory approvals.  Proceeds
will be used for incremental share repurchase in fiscal 2015.
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2014-11-04
​Emerson today announced that net sales in fiscal 2014 declined less than 1 percent, as 3 percent underlying sales growth and 1 percent contribution from acquisitions was offset by divestitures.
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