Search icon A magnifying glass. It indicates, "Click to perform a search".
Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.
Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE
Reuters

Johnson Controls revenue falls 7.2 percent

Reuters
2016-01-28T12:15:15Z
Read in app

The logo of the U.S. Johnson Controls company is seen in Nersac, southwestern France, January 31, 2008. REUTERS/Regis Duvignau
The logo of the U.S. Johnson Controls company is seen in Nersac, southwestern France Thomson Reuters

(Reuters) - U.S. auto parts maker Johnson Controls Inc reported a 7.2 percent fall in first-quarter revenue, hurt by lower sales in its automotive seating and interiors business.

Advertisement

Net income attributable to Johnson Controls fell to $450 million, or 69 cents per share, in the quarter ended Dec. 31, from $507 million, or 76 cents per share.

Revenue fell to $8.93 billion in the quarter from $9.62 billion last year.

Excluding items, the company earned 82 cents per share.

(Reporting by Radhika Rukmangadhan in Bengaluru; Editing by Saumyadeb Chakrabarty)

Read the original article on Reuters. Copyright 2016. Follow Reuters on Twitter.

Read next

Advertisement
Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Jump to

  1. Main content
  2. Search
  3. Account