Cigusa Katuka's questions to Rockwell Automation Inc (ROK) leadership • Q1 2025
Question
Cigusa Katuka, on behalf of Steve Tusa from JPMorgan Chase & Co., asked for more detail on the expected first-half to second-half sales ramp and questioned why Q2 decremental margins wouldn't be similar to Q1's strong performance.
Answer
CFO Christian Rothe explained that the better-than-expected Q1 orders actually reduce the steepness of the H1 to H2 ramp. For Q2, he reiterated the guidance for sequential segment operating margin expansion to around 18%, consistent with the full-year plan, but did not provide a specific decremental margin guide.