Johnson Controls Q1 net income slips 27% y/y to USD329 million
Higher merger costs caused sharp decline in Q1 net income
Johnson Controls reported 27% year-over-year (y/y) decline in net income to USD329 million in the first quarter ended 31 December 2017, the US-based company said in a press release. The company reported sharp decline in net profit despite recording 51% surge in net sales to USD7.1 billion.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
