Rockwell Automation

News aus der Elektroindustrie

09
Jun

Rockwell Automation has elected Pam Murphy to its board of directors at the beginning of June.

Rockwell Automation has elected Pam Murphy to its board of directors at the beginning of June. Murphy works for the software company Infor as COO.

Having worked in a variety of areas including finance, sales and consulting in Europe and North America, Pam’s expertise in technology and international business operations will greatly benefit Rockwell Automation.

Prior to joining Infor, she was with Oracle Corp. and Arthur Andersen. 

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Rockwell Automation in Brussels appoints Susana Gonzalez as President for the entire EMEA region.......

Rockwell Automation in Brussels appoints Susana Gonzalez as President for the entire EMEA region.

(Europe, Middle East and Africa) effective 1.1.2019.

Before that she was vice President for Europe, and now she will be in charge of the entire region.

She takes over from Thomas Donato, who himself was promoted to Vice President Sales / Marketing.

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Edward Monser, the current President, retires at the end of September after serving 37 years. Monser joined as an engineer.........

Edward Monser, the current President, retires at the end of September after serving 37 years. Monser joined as an engineer.........

in 1981 to Emerson in Rosemount and has completed many areas at Emerson and has been instrumental in various committees before being appointed President of the Company in 2010.

His successor will be Michael Train, who has been with Emerson for 27 years and was mainly responsible for the company in the Asian-Pacific area. Since 2016, he has been responsible for the "Automation Solutions" division and now assumes the office of CEO and President.

We reported on Emerson in April when the acquisition of Greenlee and Klauke became known. At the end of the year, Emerson was on everyone's lips as they were eager to take over Rockwell Automation, but Rockwell remained firm (we talked about it on electro-insider).

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Rockwell Automation reported sales of USD 3,237.8 m (EUR 2,655.1 m) in the first half of 2018.

Rockwell Automation reported sales of USD 3,237.8 m (EUR 2,655.1 m) in the first half of 2018.

This is an increase of 6.3% compared to the USD 3,044.6 m (EUR 2,496.7 m) in the same period of the previous year.

The net loss for the first half of the year was USD 9.0 m (EUR 7.4 m), compared to net income of USD 404.2 m (EUR 331.5 m) in the first half of fiscal 2017.

For the whole year the management is confident and expects sales of approx. USD 6.7 bn (EUR 5.5 bn).

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Rockwell Automation reported sales of USD 1,586.6 m (EUR 1,293.3 m) in the first quarter of 2018. This is an increase of 6.5%........

Rockwell Automation reported sales of USD 1,586.6 m (EUR 1,293.3 m) in the first quarter of 2018. This is an increase of 6.5%........

compared to the USD 1,490.3 m (EUR 1,214.8 m) in the same period of the previous year.

Net loss in the first quarter was USD 236.4 m (EUR 192.7 m), compared to a net income of USD 214.7 m (EUR 175.0 m) in the first quarter of fiscal 2017. The decrease results from the Tax Law 2017 in connection with the Tax Reduction and Employment Act 2017.

 

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Emerson will not let go and presented an improved offer of USD 29 bn (EUR 24.7 bn) on 16th November to take over Rockwell Automation.

Emerson will not let go and presented an improved offer of USD 29 bn (EUR 24.7 bn) on 16th November to take over Rockwell Automation.

But this offer was also turned down unanimously. The executive board is convinced that this unsolicited offer again undervalues Rockwell Automation and moreover represents a long-term risk for its shareholders, since it is not well enough positioned in future after a takeover in a continually further developing market.

Rockwell is convinced that it will be easier to make extraordinary profits with its adopted strategy than by joining together with Emerson.

Blake D. Moret, Rockwell’s president and CEO, is even convinced that size is not better in every case for growth and value added. “Emerson might see this planned acquisition as necessary to improve its growth and earnings potential and expand its capabilities in the industrial automation and information market, Rockwell doesn’t.“  “We have the talent, the technology, the culture and the resources which are required to raise the bar, to exceed the expectations of our customers and create value added for Rockwell Automation shareholders.“

Competition in industrial automation is fierce and provides Emerson with competitors all over the world but mainly in Europe, including such major companies as ABB Automation, Schneider Electric from France and naturally also Siemens.

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Rockwell Automation has confirmed on its website that it has rejected an unsolicited takeover offer from Emerson Electric of St. Louis, saying that this is in the interest of neither Rockwell Automation nor its numerous shareholders.

Rockwell Automation has confirmed on its website that it has rejected an unsolicited takeover offer from Emerson Electric of St. Louis, saying that this is in the interest of neither Rockwell Automation nor its numerous shareholders.

Rockwell confirms that Emerson had offered USD 215 (EUR 185) per share, making it  a total of USD 27.61 bn (EUR 23.72 bn). Emerson had already tried to take Rockwell over in August, offering only USD 200 (EUR 172) per share, with half of the deal to be paid for in cash and the other half in Emerson’s common stock.

Just as a reminder: As long ago as 7.Nov.2016 we reported that Schneider Electric denied rumours then that they wanted to take over Rockwell for USD 18 bn (EUR 15.5 bn).

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Rockwell Automation managed to realize a turnover of USD 2,866.9 m (EUR 2,528.7 m) in the first half-year 2016 (10/2015-3/2016), which is an 8.3% minus compared with the same period last year.

Rockwell Automation managed to realize a turnover of USD 2,866.9 m (EUR 2,528.7 m) in the first half-year 2016 (10/2015-3/2016), which is an 8.3% minus compared with the same period last year.

The decline is divided equally between the two divisions (Architecture & Software and Control Products & Solutions).

Net profits fell from USD 420.2 m (EUR 370.6 m) to USD 353.5 m (EUR 311.8 m), that is by 15.8%.

Approx. 55.5% of the turnover is generated in the United States and 19% in the EMEA region (Europe, Middle East, Africa).

In mid-April Blake D.Moret was appointed as the new chairman of the board, replacing the long-serving Keith D. Nosbusch, who had occupied this position since 2004 and who will continue as president of the supervisory board.

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The ABB Group, Rockwell Automation and Schneider Electric have landed on the Ethisphere Institute’s worldwide list of the most ethical firms in 2015......

The ABB Group, Rockwell Automation and Schneider Electric have landed on the Ethisphere Institute’s worldwide list of the most ethical firms in 2015......

– an award to companies which are continually expanding their ethical leadership role in entrepreneurial conduct at every level of their organization.

The Ethisphere Institute is the world leader in setting and further developing standards of ethical business practices which strengthen the character of the company, its market confidence and business success.

The 132 honorees come from 21 countries in 5 continents and represent over 50 industries.

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