USA: Johnson Controls reports first quarter net income gain
Johnson Controls has today reported that net income increased 1% to $120 million in the first quarter of fiscal 2002 (the three months ended 31st December), from $118 million for the first quarter of fiscal 2001. Diluted earnings per share were $1.27 in both periods. The company also reported a sales increase of 8% and an increase in operating income of 5% over the same period.
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