Emerson 2011 Annual Report Download - page 3

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Annual Report | 01
TO OUR SHAREHOLDERS,
2011 was a terrific year at Emerson, with performance
records set in several key areas. Our recent strategic
investments and repositioning efforts are delivering
value to our customers and shareholders.
We are better positioned around the world today
than ever before. Going forward, the hardworking
people of Emerson are sharply focused on quality,
market leadership, exceeding expectations and
achieving “never been done before” innovation.
That said, we know there is more work ahead of
us in what is proving to be a very challenging and
uncertain global marketplace – one that is struggling
with weak economic recovery and a lack of business
confidence, especially in the U.S. and Europe.
Throughout its history and especially during the past
decade, Emerson has proven its ability to perform
regardless of economic cycle and deliver value to our
long-term shareholders. We’ve learned and changed
in the midst of difficult downturns and capitalized on
market opportunities at the peaks. Despite this current
uncertain economic environment, you can count on
us to perform and deliver solid results through our
unique and effective strategic planning process.