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Top related persons:
Emerson - 1 Abhinav Parmar - 1 Nathan Gomes - 1 Savio D'Souza - 1 Aishwarya Jain - 1 Dhanya Ann Thoppil - 1
Top related locs:
Bengaluru
Top related orgs:
Emerson Electric Co - 2 EA - 2 Automatik Holdings - 2 Thomson - 2 Rockwell Automation - 1 Fortive Corporation - 1 Keysight Technologies - 1

Search resuls for: "Automatik Holdings"


2 mentions found


☆ Fortive cuts full-year profit forecast
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +1 min
Oct, 25 (Reuters) - Fortive (FTV.N), whose industrial measurement equipment and software-enabled automation are used in a range of industries, cut its full-year profit forecast on Wednesday due to inflationary pressures and ongoing supply chain snarls. The company, whose technology is used in industries ranging from hospitals to construction and broadcast to food, now expects full-year earnings per share of $2.30 to $2.33. It had forecast earningws of $2.38 to $2.44 per share earlier. Fortive, like its peers Emerson Electric Co (EMR.N) and Rockwell Automation (ROK.N), has benefited from companies revamping their facilities as labor gets expensive. Reporting by Abhinav Parmar and Nathan Gomes in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.
Persons: Emerson, Abhinav Parmar, Nathan Gomes, Savio D'Souza Organizations: Emerson Electric Co, Rockwell Automation, EA, Automatik Holdings, Thomson Locations: Bengaluru
☆ Fortive acquires German manufacturer Elektro-Automatik for $1.45 bln
  + stars: | 2023-10-23 | by ( ) www.reuters.com   time to read: +1 min
Oct 23 (Reuters) - Industrial technologies company Fortive Corporation (FTV.N) on Monday said that it entered into a definitive agreement to acquire German manufacturer EA Elektro-Automatik Holdings GmbH for $1.45 billion in cash. Elektro-Automatik makes test solutions for energy storage, mobility, hydrogen, and renewable energy markets. Reuters reported earlier this month that Emerson Electric Co (EMR.N) and Keysight Technologies Inc (KEYS.N) had also expressed interest in buying the German manufacturer. Fortive expects to fund the acquisition with available cash and debt financing. Reporting by Aishwarya Jain; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.
Persons: Aishwarya Jain, Dhanya Ann Thoppil Organizations: Fortive Corporation, EA, Automatik Holdings, Reuters, Emerson Electric Co, Keysight Technologies, Thomson
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