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Business Description
Emerson is engaged principally in the worldwide design, manufacture and sale of a broad range of electrical, electromechanical and electronic products and systems. The divisions of Emerson are organized into the following business segments based on the nature of the products and services provided: Process Control; Industrial Automation; Electronics and Telecommunications; Heating, Ventilating and Air Conditioning; and Appliance and Tools.

Financial Information
Emerson is engaged in the worldwide design, manufacture and sale of a range of electrical, electromechanical and electronic products and systems. For the nine months ended 6/30/02, net sales fell 14% to $10.29 billion. Net income before acct. change fell 23% to $811 million. Revenues reflect continued weakness in all major geographic regions, except Asia, and divestitures. Earnings also suffered from lower operating margins due to lower sales volume.