
Rockwell Automation Posts Solid Q3 Sales Growth
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Rockwell Automation reported Q3 sales of $2.14 billion, up 5% from last year.
Organic sales rose 4%, and currency translation added 1% to total sales.
The company’s gross profit climbed from $795 million to $876 million year-over-year.
Net income increased from $231 million to $293 million.
Improved Margins Drive Stronger Earnings
Rockwell achieved a pre-tax margin of 16%, up from 12.4% last year.
Last year’s margin was impacted by restructuring charges.
Management expressed confidence in stronger year-end performance.
Upgraded Full-Year Outlook
Rockwell raised its forecast for both sales and earnings.
It still expects sales to range from -2% to +1% for the year.
Leaders cited broad customer wins across key industries.
$2 Billion Investment Plan Announced
CEO Blake Moret confirmed over $2 billion in planned spending.
The investment will span five years and target plants, talent, and digital infrastructure.
Most of this funding will focus on U.S. capital projects.