Johnson Controls Reports 26% Increase in Fourth-Quarter 2007, Earnings per Share From Continuing Operations.(Financial report)
PR Newswire Europe, October, 2007
MILWAUKEE, Wisconsin, October 26 /PRNewswire/ -- Johnson Controls, Inc. today reported record sales and earnings for its 2007 fourth quarter. Diluted earnings per share from continuing operations totaled US$0.78, up 26% from US$0.62 last year.
Sales for the 2007 fourth quarter totaled US$9.0 billion, up 11% from US$8.2 billion in 2006 as the company increased its share of its global markets. Income from continuing operations was US$469 million versus US$368 million last year, an increase of 27% as a result of the higher revenues and increased operational efficiencies.
For the 2007 fiscal year, Johnson Controls sales totaled US$34.6 billion compared with US$32.2 billion for 2006, an increase of 7%. Income from continuing operations increased 25%...
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