For the fiscal 2013 fourth quarter, Johnson Controls reported net income of $105 million, or $0.15 per share, on $11.0 billion in revenues. Excluding restructuring and non-recurring items in the 2013 and 2012 fiscal fourth quarters, highlights (non-GAAP) include:
Non-recurring items that impacted reported Q4 2013 and Q4 2012 earnings include:
2013 fourth quarter (net charge of $0.80 per share):
"While the macro-economic environment continues to be challenging, each of our businesses generated top line growth in the fourth quarter. Even more importantly, they all had significant improvements in profitability. It is particularly pleasing that our efforts to improve execution and control costs are gaining traction," said Alex Molinaroli, Johnson Controls chief executive officer.
"I would like to thank Steve Roell, who retired as CEO on September 30, for his many years of service to the company and our customers. Steve led Johnson Controls through some of the most difficult market and economic conditions in our history, and we will always appreciate his leadershipand vision," said Molinaroli. Steve Roell remains chairman of the company's Board of Directors until December 31, 2013.
Apparel/Garments | On 25th Jun 2018
Italian high-end men's apparel brand Stone Island tops the list of...
Textiles | On 25th Jun 2018
Italy based Tecnorama’s fully-automatic machinery for dispensing...
Marazban F Velati
Sutlej Textiles & Industries limited
No training can be effective till the candidate believes in it.
We have broad range of options in durable fabrics
Indian textile value chain
'One nation, one tax' is a great concept
Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....
Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...
Conceived in Europe and curated in New Delhi, NeceSera is a...
Voith Paper GmbH & Co. KG
The glass mat industry is growing by five to eight per cent annually. Kai...
Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...
Technical Absorbents Ltd
Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...
Whistling Woods International School of Fashion
<div>A lack of upgraded courses in costume designing and fashion as per...
Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...
India Boulevard is a San Francisco-based curated fashion marketplace that...