Rockwell Automation (ROK) has reported a significant decline in sales and earnings for fiscal year 2024, with a 21% decrease in Q4 sales and a 9% drop for the entire fiscal year. Despite these declines, the Lifecycle Services segment showed resilience with an increase in both sales and operating margins. The Software & Control and Intelligent Devices segments saw significant sales declines, while the Lifelong Services segment experienced growth. Looking ahead, the company expects modest sales growth for fiscal 2025, with expectations ranging from a 4% decline to a 2% increase. Despite current market challenges, Rockwell aims to continue to achieve gradual improvement through fiscal 2025.
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