Emerson says trailing three-month orders were up 2%
As per released in regulatory filing, Emerson sayst otal Emerson trailing three-month orders were up 2% with underlying orders up 3 percent, excluding a 1 percent unfavorable currency impact. Automation Solutions orders increased 4 percent and were up 5 percent on an underlying basis excluding unfavorable currency of 1 percent. Underlying orders growth was in-line with management's expectations as global demand remained stable.Underlying orders in the Americas were up slightly, reflecting a stabilization of demand in North America and moderating growth in Latin America. Europe underlying orders were up mid-single digits, reflecting continued strong investment activity across process and hybrid end markets. Underlying orders growth in Asia, Middle East & Africa remained strong, with Asia up high-single digits, supported by continued infrastructure investment across the region.