FOXBORO E83S-02TI
工業(yè)自動化業(yè)務的凈銷售額與上一年持平，其中基本銷售額上升4%，而不利的貨幣折算帶來4%的減損。各地區(qū)的業(yè)績表現(xiàn)懸殊。北美市場增長13%，亞洲市場增長5%，而歐洲市場下降8%。業(yè)務增長主要得益于暖通空調(diào)領(lǐng)域的密封型高壓交流電機業(yè)務（占20%以上）、配電，及動力傳動業(yè)務。在短期內(nèi)歐洲市場需求疲軟，導致交流發(fā)電機、電機及驅(qū)動業(yè)務持續(xù)下降。本業(yè)務利潤率略有增長，上升至14.2%。市場狀況在短期內(nèi)預計仍相當復雜，因為美國和歐洲的市場經(jīng)濟趨勢正呈相反發(fā)展。由于油價下跌所導致的在上游油氣市場市場的資本支出，將進一步放緩交流發(fā)電機業(yè)務的訂單率。
FOXBORO E83S-02TI
網(wǎng)絡能源業(yè)務的凈銷售額下降了14%，其中資產(chǎn)剝離導致12%的下跌，不利的貨幣折算帶來了3%的減損?；句N售額增長1%，其中北美市場略有增長，亞洲市場持平，而歐洲市場增長13%，這主要得益于一個大型的數(shù)據(jù)中心項目。從全球范圍來看，數(shù)據(jù)中心市場狀況表現(xiàn)不一，北美和歐洲市場有所增長，而亞洲和拉丁美洲市場卻面臨下跌。電信基礎設施業(yè)務以兩位數(shù)的速度下降，而亞洲市場的增長被其它地區(qū)的疲軟態(tài)勢所抵消。本業(yè)務利潤率為7.1%，上升了70個基點，反映出資產(chǎn)剝離的影響。市場需求在短期內(nèi)仍然復雜，其中數(shù)據(jù)中心市場狀況良好，但是電信投資水平面臨下降，但業(yè)務基本面在充滿挑戰(zhàn)的全球市場中仍持續(xù)改善。
FOXBORO E83S-02TI
環(huán)境優(yōu)化技術(shù)業(yè)務凈銷售額增長了15%，主要歸因于美國空調(diào)客戶看好預期在2015年1月1日生效的法規(guī)改革，而提前增加庫存?；句N售額增長了17%，主要得益于北美市場增長26%，這是由于住宅空調(diào)業(yè)務由于庫存上升而獲得了兩倍增長，并且商用市場也呈現(xiàn)出了較高的個位數(shù)增長。亞洲市場增長2%，其中印度和東南亞市場的空調(diào)和制冷業(yè)務增強，抵消了中國市場的放緩。歐洲市場下降3%，這反映了該地區(qū)普遍的經(jīng)濟疲軟。傳感器和控制器的銷售業(yè)務與上一年持平。本業(yè)務利潤率增加至14.0%，上升40個基點。雖然預計美國市場的增速將會在短期內(nèi)明顯放緩，客戶將集中消耗本季度所建立的庫存，但是根據(jù)北美和亞洲市場的持續(xù)勢頭，終端用戶需求有望保持有利水平。我們期望本業(yè)務平臺憑借新產(chǎn)品、新解決方案以及改善的全球滲透戰(zhàn)略，基本銷售額持續(xù)穩(wěn)健增長。
商住解決方案業(yè)務的銷凈售額增長了3%，其中基本銷售額增長了4%，主要受益于穩(wěn)定的美國市場。專業(yè)工具、干/濕吸塵器和食物垃圾處理器業(yè)務的增長足以抵消儲存業(yè)務的下降。本業(yè)務利潤率增加至21.5%。美國住宅和商用建筑市場的良好勢頭預計在短期內(nèi)將繼續(xù)得到保持，2015年的增長將持續(xù)穩(wěn)健。
2015財年展望
FOXBORO E83S-02TI
全球宏觀經(jīng)濟環(huán)境仍然相當復雜，與經(jīng)濟持續(xù)疲軟的歐洲、拉丁美洲和中東/非洲市場相比，北美市場占據(jù)較為有利的優(yōu)勢。石油價格的急劇下跌和美元升值給當前的商業(yè)環(huán)境帶來了特殊性和巨大的不確定性。歐洲的情形尤其如此，至今歐洲尚未從2008年和2009年的全球經(jīng)濟衰退中恢復元氣。盡管經(jīng)濟環(huán)境不景氣，但是訂單量仍然保持穩(wěn)定增長且訂單存量水平較高，預計2015年的報告銷售額將下降1-4%，其中基本銷售額將增長3-5%，預計貨幣折算將削減4-5%的銷售額，另外，動力傳動業(yè)務的資產(chǎn)剝離也將帶來了2%的減損。盈利能力有望在有利的投資混合和加速重組中繼續(xù)穩(wěn)健改善。另外，此前宣布的14億美元的動力傳動業(yè)務的資產(chǎn)剝離已于2015年1月30日（星期五）結(jié)束。
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