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艾默生Emerson(EMR)2026财年第一季度业绩报告「AMEX」(英文版)(22页).pdf

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1、EMERSON|12026 Q1 EarningsFebruary 3,2026EMERSON|2EMERSON|2Safe Harbor StatementStatements in this presentation and our commentary and responses to questions that are not strictly historical may be“forward-looking”statements,which represent managements expectations,based on currently available inform

2、ation.Actual results,performance or achievements could differ materially from those expressed in any forward-looking statement.Any forward-looking statements in this presentation speak only as of the date of this presentation.Emerson undertakes no obligation to update any such statements to reflect

3、new information or later developments.Examples of risks and uncertainties that may cause our actual results or performance to be materially different from those expressed or implied by forward-looking statements include the scope,duration and ultimate impacts of the Russia-Ukraine and other global c

4、onflicts,as well as economic and currency conditions,market demand,pricing,protection of intellectual property,cybersecurity,tariffs,competitive and technological factors,inflation,among others,as set forth in the Companys most recent Annual Report on Form 10-K and subsequent reports filed with the

5、SEC.The outlook contained herein represents the Companys expectation for its consolidated results,other than as noted herein.Non-GAAP MeasuresIn this presentation we will discuss certain non-GAAP measures in talking about our companys performance,and the reconciliation of those measures to the most

6、comparable GAAP measures is contained within this presentation or available at our website,www.E,under Investors.While we believe these non-GAAP financial measures are useful in evaluating our companys performance,this information should be considered as supplemental in nature and not as a substitut

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1. **2026 Q1业绩**: underlying sales增长2%,adjusted segment EBITA margin为27.7%,adjusted EPS为$1.46;ACV增长9%至$16亿。 2. **全年指引**:sales增长约5.5%,adjusted segment EBITA margin约28%,adjusted EPS上调至$6.40–$6.55;计划返还$22亿给股东($12亿回购+$10亿分红)。 3. **增长动力**:Test & Measurement表现强劲(+11%),增长领域(能源、半导体等)贡献显著,但欧洲和中国需求疲软。 4. **创新进展**:Nigel AI获评年度产品,DeltaV v16发布,强化工业自动化与IoT布局。 5. **风险提示**:俄乌冲突、经济波动、竞争及技术风险可能影响实际业绩。
**软件增长动力?** **利润率如何提升?** **股东回报计划?**
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