Rockwell Expects FX to Have No Impact on 2022 Sales -- Currency Comment
January 27 2022 - 10:03AM
Dow Jones News
By Paulo Trevisani
Rockwell Automation Inc. said Thursday that currency translation
decreased sales in the last quarter, while keeping the previous
guidance of no FX impact on 2022 sales growth.
The Milwaukee provider of industrial automation and information
services said sales rose 18.7% in its first quarter to $1.9
billion, including a decrease of 0.7% caused by currency
translation.
The company backed its expectation that exchange rates will have
no impact on full fiscal 2022 sales growth, which Rockwell
estimates between 16% and 19%.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
January 27, 2022 09:48 ET (14:48 GMT)
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