-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OWfbBEtnpK9nLo7L797bssY8JUnzjHdb6+afOOdj2fwWlTOHmEJUO6/HXI/v1pr8 JmT6kr1aw83ESwWNpn6V9A== 0000950138-09-000360.txt : 20090522 0000950138-09-000360.hdr.sgml : 20090522 20090519070023 ACCESSION NUMBER: 0000950138-09-000360 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090519 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20090519 DATE AS OF CHANGE: 20090519 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EMERSON ELECTRIC CO CENTRAL INDEX KEY: 0000032604 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600] IRS NUMBER: 430259330 STATE OF INCORPORATION: MO FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00278 FILM NUMBER: 09838205 BUSINESS ADDRESS: STREET 1: 8000 W FLORISSANT AVE STREET 2: P O BOX 4100 CITY: ST LOUIS STATE: MO ZIP: 63136 BUSINESS PHONE: 3145532000 MAIL ADDRESS: STREET 1: 8000 W. FLORISSANT STREET 2: P.O. BOX 4100 CITY: ST LOUIS STATE: MO ZIP: 63136 FORMER COMPANY: FORMER CONFORMED NAME: EMERSON ELECTRIC MANUFACTUING CO DATE OF NAME CHANGE: 19730710 8-K 1 form8k.htm FORM 8-K

 


UNITED STATES

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): May 19, 2009

 

Emerson Electric Co.

-------------------------------------------------

(Exact Name of Registrant as Specified in its Charter)

 

Missouri

---------------------------

(State or Other

Jurisdiction of

Incorporation)

1-278

-------------------

(Commission

File Number)

43-0259330

---------------------------

(I.R.S. Employer

Identification Number)

 

8000 West Florissant Avenue

St. Louis, Missouri

----------------------------------------------------

(Address of Principal Executive Offices)

 

63136

------------------

(Zip Code)

 

Registrant’s telephone number, including area code:

 

(314) 553-2000

------------------------------------------

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 

 

 


 

Item 7.01.   Regulation FD Disclosure.

 

The following information is furnished pursuant to Regulation FD.

 

Emerson GAAP Underlying Orders – 3 Month Summary

(Percent change. Trailing 3-month average versus prior year.)

 

 

February ‘09

March ‘09

April ‘09

Process Management

-20 to -15

-30 to -25

-25

Industrial Automation

> -30

> -30

> -30

Network Power

-20 to -15

-25 to -20

-25 to -20

Climate Technologies

-30 to -25

-30

-30 to -25

Appliance and Tools

-25

-30 to -25

-30 to -25

Total Emerson

-25 to -20

-30 to -25

-30 to -25

 

April 2009 Order Comments:

 

Emerson’s trailing three-month order rate for the period ending April 2009 remained in the range of negative 25 to 30 percent, with currency exchange rates negatively impacting orders by approximately 6 percentage points. Geographically, economic trends in Europe have taken another step-down. Unfortunately, we have seen a sequential deterioration in our underlying orders from the month of March to April and believe orders are still reflecting a volatile economic environment where customers continue to reduce inventory, backlogs and business spending levels. For the month of April, underlying orders were down approximately 25 percent, excluding a negative 8 percentage point currency impact, and were down 30 to 35 percent overall.

 

The trailing three-month order rate for Process Management was down 25 percent with currency exchange rates negatively impacting orders by approximately 10 percentage points, including a negative backlog revaluation impact due to the stronger U.S. dollar.   Order rates remained mixed among end markets.

 

Broad weakness continued across the Industrial Automation businesses as global gross fixed investment has declined sharply and comparisons to the prior year period continue to be difficult. We have seen increasing order weakness in the power-generating alternator business.

 

Telecommunications and wind power investments continued to drive strength in the China power systems business which was more than offset by order declines across the balance of the Network Power businesses.

 

Broad weakness across residential, commercial and refrigeration end markets negatively impacted Climate Technologies order trends, with the outlook for the commercial end markets remaining the weakest.

 

Orders for Appliance and Tools were negatively impacted by continued weakness in consumer spending and residential and non-residential investment.

 

 

 

 

 


 

Upcoming Investor Events:

 

May 20, 2009 – 2009 Electrical Products Group Conference

Location: Longboat Key, Florida

Time: 10:45 a.m. to 11:25 a.m. Eastern Daylight Time

Presenter: David N. Farr, Chairman, Chief Executive Officer and President

Presentation: The presentation slides will be posted at the presentation starting time in the Investor Relations area of Emerson’s website at www.emerson.com/financial. The presentation slides will be available for approximately one week thereafter at the same location on the website.

 

Updates and further details on these and other upcoming events will be posted in the Calendar of Events area in the Investor Relations section of the corporate website as they occur.

 

Forward-Looking and Cautionary Statements:

 

Statements in this Current Report on Form 8-K that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include economic and currency conditions, market demand, pricing, and competitive and technological factors, among others, as set forth in the Company's most recent Form 10-K filed with the SEC.

 


 

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:   May 19, 2009

By:

/s/ Timothy G. Westman

 

 

Timothy G. Westman
Vice President, Associate General Counsel and
Assistant Secretary

 

 

 

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