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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rockwell Automation Inc | NYSE:ROK | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.45 | 0.17% | 270.81 | 278.20 | 269.245 | 270.78 | 912,328 | 01:00:00 |
By Paulo Trevisani
Rockwell Automation Inc. said Tuesday that foreign exchange is likely to boost full 2021 fiscal-year sales more than previously expected.
The Milwaukee-based supplier of industrial technology with operations around the globe now expects currency translation to increase sales by 2.5%, up from 2% in previous estimates.
In the updated guidance, sales are forecast to increase by 12% in the year ending Sept. 30 compared to 9% to 12% in a previous outlook.
Rockwell said sales were up 32.6% in the fiscal quarter ended June 30 from a year earlier, to $1.8 billion. It said forex rates increased sales by 5.1% in the period.
During that quarter, the WSJ Dollar Index was down 0.7%.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
July 27, 2021 10:29 ET (14:29 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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