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Summary: Rockwell Automation Inc. Nov 11
Standard & Poors, November 2011
The ratings on U.S.-based Rockwell Automation Inc. reflect the company's strong business risk profile and its modest financial profile. Standard & Poor's Ratings Services expects that operating performance in 2012 should continue to benefit from a competitive product portfolio and from supportive global industrial growth trends. We expect that the company's financial policies will remain conservative, which should offset expected future fluctuations in credit measures resulting from Rockwell's exposure to cyclical markets and its significant pension obligations. Rockwell is a leading provider of industrial automation products and solutions. Trends in the industrial sector globally, such as the outlook for industrial equipment spending, factory orders, and capacity utilization across a variety of industries, likely will remain the primary factors influencing demand...
Companies mentioned in this report are: Rockwell Automation Inc.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
Rockwell Automation Inc.