Emerson Electric Co. (NYSE:EMR) Q4 2024 Results Conference Call November 5, 2024 8:00 AM ET

Company Participants

Colleen Mettler - Vice President, Investor Relations
Lal Karsanbhai - President & Chief Executive Officer
Mike Baughman - Chief Financial Officer
Ram Krishnan - Chief Operating Officer

Conference Call Participants

Andy Kaplowitz - Citigroup
Deane Dray - RBC Capital Markets
Nigel Coe - Wolfe Research
Steve Tusa - JPMorgan
Andrew Obin - Bank of America
Jeff Sprague - Vertical Research
Joe O'Dea - Wells Fargo
Julian Mitchell - Barclays

Operator

Good morning, everyone, and welcome to the Strategic Announcement of Q4 and Full Year 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please also note, today's event is being recorded.

At this time, I'd like to turn the conference call over to our host, Colleen Mettler, Vice President of Investor Relations at Emerson. Please go ahead.

Colleen Mettler

Good morning, and thank you for joining us for Emerson's strategic announcement and fourth quarter and full year 2024 earnings conference call. This morning, I am joined by President and Chief Executive Officer, Lal Karsanbhai; Chief Financial Officer, Mike Baughman; and Chief Operating Officer, Ram Krishnan.

As always, I encourage everyone to follow along with both slide presentation we have prepared this morning, which are available on our website.

Please join me on Slide 2. This presentation may include forward-looking statements, which contain a degree of business risk and uncertainty. Please take time to read the safe harbor statement and note on GAAP measures.

Please turn to Slide 3. Today, we have two presentations that we will discuss. We will first go through our strategic announcements presentation and then we will go through our 2024 financial results and guide for fiscal '25.

I will now pass the call over to Emerson's President and CEO, Lal Karsanbhai, to discuss the strategic actions we announced to complete our portfolio transformation.

Lal Karsanbhai

Thank you, Colleen. Good morning, everyone. Please turn to Slide 4. 2024 is an exciting year where we closed our National Instruments acquisition, did excellent work driving synergies and integration and celebrated 80 years as a company listed on the New York Stock Exchange. Operationally, we performed at a high level and we'll go through our results in a few minutes.

2025 is a milestone year for Emerson as we commemorate our 135th year as a company. This longevity is only possible due to the talent, dedication and innovative spirit of our Emerson employees through the decades and I'm grateful for their continued contributions. Emerson has undergone many transformations during this storied history, and I'm excited to announce our final steps to complete our portfolio transformation, which started 3.5 years ago.