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Rockwell Automation — Nov 7, 2024 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001024478-24-000105
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Reported and organic sales growth
“(4)% to 2%”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 7
Diluted EPS for FY2025
“$7.65 - $8.85”
Adjusted EPS (1) for FY2025
“$8.60 - $9.80”
Reported and organic sales growth for FY2025
“(4)% to 2%”
Q1 sales trend for Q1 FY2025
“expecting our fiscal Q1 sales to be down from Q4 levels, followed by a gradual sequential improvement through the year”
Q1 sales for Q1 FY2025
“down from Q4 levels”
Effective tax rate for FY2025
“~ 16.9%”
Adjusted effective tax rate for FY2025
“17.0%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Decreases in cash flow provided by operating activities and free cash flow were driven by lower pre-tax income, higher compensation and benefits payments based on the prior year performance, and higher tax payments, partially offset by decreases in working capital. Page 3 Fiscal Year 2025 Outlook The table below provides guidance for sales growth and earnings per share for fiscal 2025. Sales Growth Guidance EPS Guidance Reported sales growth (4)% to 2% Diluted EPS $7.65 - $8.85 Organic sales growth (1) (4)% to 2% Adjusted EPS (1) $8.60 - $9.80 Inorganic sales growth ~ —% Currency translation ~ —% (1) Organic sales growth and Adjusted EPS are non-GAAP measures. See Adjusted Income, Adjusted EPS, and Adjusted Effective Tax Rate Reconciliation for more information on these non-GAAP measures. “Given the uncertainty in the current macroeconomic environment and the typical seasonality in our longer cycle business, we are expecting our fiscal Q1 sales to be down from Q4 levels, followed by a gradual sequential improvement through the year. We will continue to fuel high-growth areas and drive margin expansion projects that increase our business resilience. Our market position remains strong given our portfolio and our leadership in North America, which continues to be the best-performing market,” Moret continued. Page 4 Following is a discussion of quarter and full year results for our business segments. Intelligent Devices Intelligent Devices fiscal 2024 fourth quarter sales were $946 million, a decrease of (19)% compared to $1,171 million in the same period last year. Organic sales decreased (20)% and acquisitions increased sales by 1
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.