JCI faces headwinds from warm weather, Europe woes

Jan 18, 2013 | 04:18 PM | Nathan Laliberte

Tags  Johnson Controls, Earnings, Power Solutions, Nathan Laliberte

NEW YORK — Johnson Controls Inc. (JCI) was less profitable in its fiscal first quarter compared with the same period a year earlier, citing softer European demand and continued uncertainties in global markets.

The Milwaukee-based company posted net income of $354 million for the three months ended Dec. 31, down 16.5 percent from revised income of $424 million a year earlier but still an improvement from an $8-million net loss in the fiscal fourth quarter ended Sept. 30, 2012.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results