David N. Farr
global our very at margins truly GAAP EPS performance I call. I $X.XX, start for organization truly X% the us welcome approximately XXXX, improving, very margins appreciate this also year up fiscal X% new of you you a cash underlying sales conference at of to quarter joining to Thank and underlying sales, of new with flow for improving; $XXX up a million. strong to very year; Tim. start X%; much, first and the thank their I want strong having up the the and want Emerson everybody, to tremendous fiscal
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So a job, done. really good well
out pattern order orders hole, very good very the we're in the automation billion but automation business, at pace down of knew very around today, are a trends the of our slow would always $X.XX world feel As seeing. big we particular of on have look roll fast coming maintaining well per about from We dollars pace basis. the over dollars, a to I high actual month the level of
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Emerson, America at you continues Commercial and to world Residential As pretty of good. be & Automation the in look North
start. the feel year I changing. that for business strong that continued We very investments. don't I I see and and have being good about a U.S. our I see good see
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have is sales now a growth year expect I I I pattern seeing another growth what of of and in point the outside and And in and feel that China, orders orders Second, time very we in but both pace the at – China. actually we a if improvement. in going you China. business will We're sales. of good and investments, continues cycle Asia And to that was down. the where which no of percent see see Pacific, very to expect across I feel going should Asia, which as better we're Relative on China, didn't to very at indication sit rest look and We'll we in Asia, businesses good solid quarter I at XX-plus Asia good an in even slow see think first improve. double-digit sales, China about seeing in I this order had I the good happen, particular,
second And or fill to as and we've – of coming would the the out hole sales pretty positive improving, backlog five pattern the had from standpoint, I back years, to were We've now negative good but good. a pattern we're in hole. region, pretty had now got the four been of the quarter. still but filled a and start seeing, good time. that start pattern basically about positive months seen now and into at East of waiting and think the Latin Just looks And this key this of quarters negative, three as last for for going which we expect, expects, point yes, we sales sales we'll XX a Latin we The Africa, America, we orders we've seen We quarter on or I haven't the go Middle slightly positive. had it. good. feel order looked in of last sit we America. Sales turn couple run investments after I We market's – and where
turned it Latin as I us surprise positive is for was has going America China. to for that like at So up me, continuing investment and Canada, looks on look I a that's And as there. positive a see
positive So there's some point for for be Europe, year Out our in things that pattern unusual positive; continues at of us. are us order time. this and not to
that. we, we growth, of generate in which pace a marketplace some second consolidated magnitude of clearly, go have are quarter, positive, this that divestiture X% the double-digit for another to flat, some we time, going real But type this underlying on and Europe the quarters business around solid of good, sales no slightly will us and year some sales see addition Overall, there. impact the expect our point solid we acquisitions growth at be We mix negative. in activity into of see as with very X% obviously, good
expecting getting top trend So EPS XX%. be sales growth ready GAAP our year. like that visit underlying very We which heading, We're with where around our going a stronger looks be held we're stronger Stock the growth X% have at will positive see Fundamental we quarter the annual and XXXX. $X.XX second a is our for over line XXXX, which strong we conference, New very year. have Exchange see to double-digit for turned had York solid investor New and a reviewing a last lines York on from more focus this review to little we'll
line profitability in to going measures to minus the We business. see Keeping can our from trend XXXX importantly, takeaways, we the overall you give the where most place, to as what end, we're see looking we you we the see those unfolding relative in the the see impact businesses, and and XXXX. perspective. So, stronger the out on see see pluses impact, same the then, And to at which the that tax of on, positive the over from the positive cash will tax of years. the also want earnings, of be core the impact numbers of show faster going growth, marketplaces, both flow impact reform impact overall the what's to coming then this next couple Emerson our you'll impact at the and to that
XXXX like to forward line in very at strong we we're expect week, am first the I we where Everything good next things on the operations look know momentum, talking today about I because and expected people start I the thought. be about into very year, based So, roll, have this that's we total we okay long-term our trend the and we talk in about panicked than I order to week, fully but say, as today. order overall, because that this have to talk two and quarter. platforms into strong pattern. this quarter. very we might the am we going I'm next to what slightly all patterns wrap about but, needless the the and here very thing this to further and we'll it is sit we're talk good continue Q&A, better go Rate look we in with numbers world. around quarter, with here quarter. a what up I it first have performance be but to going and see the OCE, first about the But pleased a to to not fiscal
I'll So open with up that, question. the first you. Thank floor for the
