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Rockwell Automation profit rises 5 percent
April 24, 2013 / 11:10 AM / 4 years ago

Rockwell Automation profit rises 5 percent

April 24 (Reuters) - Rockwell Automation Inc reported a 5 percent increase in quarterly profit, as a rise in operating margins more than offset a drop in sales.

Net income rose to $175.9 million, or $1.24 per share, in the second quarter, from $167.8 million, or $1.16 per share, a year earlier.

Excluding items Rockwell, which makes systems that help factories run more smoothly, earned $1.33 per share.

Revenue fell 2.5 percent to $1.52 billion.

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