8-K 1 form8k_022502.htm FORM 8K - FEBRUARY 25, 2002 Emerson Electric Co. Form 8K - February 25, 2002

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549





FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event
reported): February 25, 2002

Emerson Electric Co.
(Exact Name of Registrant as Specified in Charter)


Missouri
  1-278
  43-0259330
(State or Other
Jurisdiction of
Incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification Number)


8000 West Florissant Avenue
St. Louis, Missouri
  63136
(Address of Principal Executive Offices)



  (Zip Code)



Registrant's telephone number, including area code:

(314) 553-2000

Item 9.     Regulation FD Disclosure.

        The following information is furnished pursuant to Regulation FD.

Emerson GAAP Underlying Orders - 13 Month Summary
(Percent change. Trailing 3-month average versus prior year.)

  Jan. '01 Feb. '01 Mar. '01 Apr. '01 May '01
Industrial Automation +0–5 flat –5–0 –10–5 –10–5
HVAC +0–5 +5 –5–0 –5–0 –5–0
Electronics and Telecom +10–15 –5–0 –>20 –>20 –>20
Appliance and Tools –5–0 –5 –10–5 –10–5 –10–5
Process Control +10–15 +15 +15–20 +15–20 +10–15
     Total Emerson

+5–10

+0–5

–10–5

–10–5

–10–5

  Jun. '01 Jul. '01 Aug. '01 Sep. '01 Oct. '01
Industrial Automation –10–5 –15–10 –15–10 –15–10 –10
HVAC –10–5 –15–10 –20–15 –15–10 –10–5
Electronics and Telecom –>20 –>30 –>30 –>30 –>30
Applicance and Tools –5 –10–5 –5 –10–5 –10–5
Process Control +15–20 +15–20 +15–20 +5–10 +5–10
     Total Emerson

–15–10

–20–15

–20–15

–20–15

–15

  Nov. '01 Dec. '01 Jan. '02    
Industrial Automation –15–10 –20–15 –20–15    
HVAC –15–10 –20–15 –15–10    
Electronics and Telecom –>30 –>30 –>30    
Appliance and Tools –10–5 –10–5 –5–0    
Process Control +0–5 +5–10 +0–5    
     Total Emerson –20–15 –20–15 –20–15    

January '02 Order Comments:

Industrial Automation orders reflect continued widespread restrained spending in the North American and European industrial goods markets.

HVAC orders reflect weak worldwide demand for residential air conditioning and commercial and industrial refrigeration and air conditioning products. Inventory levels at both OEMs and distributors remain low.

Electronics and Telecom orders continue to reflect the broad weakness in the computing and telecom equipment markets.

Appliance and Tools orders primarily reflect weak demand for industrial-related tools, motors and storage products. Consumer related demand has shown recent signs of improvement.

Process orders softened, driven by lower short-cycle maintenance and repair activity. New project award activity, yet to be included in orders, has been strong.

SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

EMERSON ELECTRIC CO.
(Registrant)


Date:    February 25, 2002 By:      s/H. M. SMITH
    H. M. Smith
Assistant General Counsel and
Assistant Secretary