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Emerson Process Management Reports Second Quarter 2011 Results

Tuesday, May 3, 2011  
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Emerson Process Management continued to show strong momentum with sales increasing 16 percent during the quarter. Underlying sales increased 14 percent and currency added 2 percent. Segment margin expanded 100 basis points to 17.9 percent reflecting leverage on higher sales volume and benefits from cost reductions, partially offset by a $20 million negative mark-to-market impact on foreign currency transactions due to the weakening of the U.S. dollar.  More…

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