Strong Revenue and Earnings Growth
Reported and organic Q4 sales were up double digits versus prior year, with organic year-over-year sales growth of 13%. Adjusted EPS of $3.34 was well above expectations, driven by higher volume and strong productivity.
Software & Control Segment Performance
Software & Control organic sales in the quarter grew 30% year-over-year, driven by continued momentum in the Logix business. The segment saw year-over-year incrementals in the high 50s.
E-commerce and Warehouse Automation
Sales in this segment delivered another standout quarter with growth over 70% year-over-year, including a significant win in Europe.
Cost Reduction and Margin Expansion
Ended the fiscal year with over $325 million of structural productivity savings, exceeding the original target of $250 million. Segment margin improved by over 100 basis points year-over-year.