Tag: margin expansion
Johnson Controls' strong Q2 performance punctuated with a dedication to sustainability
May 8, 2023Ken Showers, Managing Editor
CORK, Ireland – Johnson Controls builds on its solid Q1 performance and finishes the second fiscal quarter 2023 with numbers exceeding guidance.
At a glance the highlights show Johnson Controls with Q2 reported sales of +10% versus the prior year; +13% organically. A Q2 GAAP EPS of $0.19; Adjusted EPS of $0.75, up 19% versus prior year. Their Q2 orders are +8% organically year-over-year, and a record backlog of $11.7 billion, increased 9% organically year-over-year. CEO George...
