JCI earnings rise on Europe's auto strength

Jul 18, 2013 | 01:34 PM | Nathan Laliberte

Tags  Johnson Controls, Stephen Roell, lead-acid batteries, earnings report, power solutions, Nathan Laliberte

NEW YORK — Johnson Controls Inc. posted a sharp improvement in earnings in its fiscal third quarter as the company’s European automotive business returned to profitability.

The Milwaukee-based company posted net income of $571 million for the three months ended June 30, up 32.5 percent from $431 million in the same period last year on sales that increased 2.4 percent to more than $10.83 billion.....

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