Tag: fire and security
Johnson Controls Q1 results “Solid,” growth in service-based businesses
February 1, 2023Ken Showers, Managing Editor
CORK, Ireland – Johnson Controls is off to a strong start in the initial quarter of 2023 according to its first earnings call of the year on Feb. 1.
The company highlighted a strong performance in its service orders, EBIT Margin Expansion, and adjusted EPS growth. At a glance the company achieved a 9 percent increase in organic sales growth, with sales in the quarter of $6.1 billion increased 4 percent over the prior year. The company showed an EBIT of $237 million with...
