Valve Magazine

Sat08292015

Last updateThu, 27 Aug 2015 2pm

Back You are here: Home News Industry Headlines Valve Manufacturing Emerson Process Management Reports First Quarter 2013 Results

Valve Manufacturing

Emerson Process Management Reports First Quarter 2013 Results

Emerson Process Management sales increased 24%, as robust growth resulted from global energy investment and favorable comparisons from the supply chain disruption in the prior year. Underlying sales increased 24% as well, with the U.S. up 26%, Asia up 25% and Europe up 11%. Large project activity remained strong, while higher-margin maintenance investments slowed, particularly in the U.S., as customers became more cautious with capital budgets. Segment margin of 17.6% expanded 520 basis points, primarily driven by volume leverage. Continued investment in the oil and gas, chemical, and power industries is expected to support solid end market demand in the near term.

New Products

 

Valve Magazine Digital Edition

Valve Magazine Summer 2015Inside the Summer 2015 issue…

• Critical Service
• Effects of Flashing/Cavitation
• Coatings and Wastewater Apps
• The Latest in R&D

CLICK HERE TO REQUEST YOUR
DIGITAL EDITION PREVIEW EMAIL