SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 20, 2000
Emerson Electric Co.
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(Exact Name of Registrant as Specified in Charter)
Missouri
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(State or Other Jurisdiction of Incorporation)
1-278
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(Commission File Number)
43-0259330
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(I.R.S. Employer Indentification Number)
8000 West Florissant Avenue, St. Louis, Missouri 63136
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (314) 553-2000
<PAGE>
Item 9. Regulation FD Disclosure.
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The following information is furnished pursuant to Regulation FD:
Emerson GAAP Underlying Orders - 13 Month Summary
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(Trailing 3-month average versus prior year)
<TABLE>
<CAPTION>
Nov. '99 Dec. '99 Jan. `00 Feb. `00 Mar. '00
-------- -------- -------- --------- --------
<S> <C> <C> <C> <C> <C>
Industrial Automation -5-0 flat flat +0-5 +0-5
HVAC +0-5 +0-5 +0-5 +0-5 +0-5
Electronics and Telecom +>20 +>20 +>20 +>20 +>30
Appliance and Tools +0-5 +0-5 +0-5 +0-5 +0-5
Process Control +0-5 +0-5 +0-5 flat flat
Total Emerson +0-5 +0-5 +0-5 +5 +5-10
Apr. `00 May. `00 Jun. '00 Jul. '00 Aug. '00
-------- -------- -------- -------- --------
Industrial Automation +0-5 +0-5 +0-5 +0-5 +0-5
HVAC +5 +5 +5-10 +5-10 +5-10
Electronics and Telecom +>30 +>20 +>30 +>30 +>30
Appliance and Tools +0-5 +0-5 +0-5 +0-5 -5-0
Process Control flat flat flat flat +0-5
Total Emerson +5-10 +5-10 +5-10 +5-10 +5-10
Sep. '00 Oct. '00 Nov. `00
-------- -------- --------
Industrial Automation flat -5-0 -5-0
HVAC +0-5 flat -5-0
Electronics and Telecom +>30 +>30 +30
Appliance and Tools -5-0 flat -5-0
Process Control +0-5 +0-5 +0-5
Total Emerson +5 +5 +5
</TABLE>
Nov. '00 Order Comments:
Industrial Automation continues to be dampened by considerable negative currency
exchange. Excluding currency, growth is in the low to mid single-digits, with
Europe and Asia stronger than the United States.
HVAC orders primarily reflect U.S. inventory channel overhang associated with
air conditioning products. Excluding the impact of currency, Europe, Asia and
Latin America are experiencing approximately 10 percent underlying growth in the
first quarter.
Electronics and Telecom orders continue to be very strong. Robust demand for
large UPS and precision air conditioning products is offsetting fluctuations in
demand for embedded power and other areas. Overall, growth is strong in the
United States, Europe, Asia and Latin America, with Europe considerably stronger
than it was in 2000.
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<PAGE>
Appliance and Tools orders reflect appliance channel-related issues and recently
softer consumer demand. Tool-related demand is running at low to mid
single-digit levels.
Process orders reflect the continued success of PlantWeb and Emerson Performance
Solutions, along with area-specific recoveries in the overall global market,
with noticeable recent strengthening in natural gas-related projects.
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<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
EMERSON ELECTRIC CO.
(Registrant)
Date: December 20, 2000 By: s/H. M. Smith
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H. M. Smith
Assistant General Counsel and
Assistant Secretary
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