A strategy of diversification designed to reduce dependence on auto industry earnings paid off as Johnson Controls announced 2006 fourth quarter operating income rose 16% to $505m, up from last year’s $436m.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Income from continuing operations was $368m versus $292m, an increase of 26%. Sales totalled $8.2bn, up 18% from $6.9bn in 2005.


Fourth-quarter earnings per share increased 24% to $1.86, compared with $1.50.


For the 2006 fiscal year, sales rose 17% to $32.2bn  from $27.5bn. Income from continuing operations increased 36% to $1.0bn from $757m due to higher operating income, a lower 2006 tax rate and non-recurring tax benefits. Diluted earnings per share from continuing operations in 2006 were $5.25 versus $3.90.


While Johnson’s building and power solutions divisions recorded healthy rises, sales at its vehicle interior ‘experience’ division were off 11% to $4.0bn, due primarily to lower North American vehicle production volume. North America sales were 19% lower reflecting the overall market and unfavourable light truck exposure.  European interiors sales were down 3% in the quarter, in-line with overall production levels.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Operating income declined a steep 46% to $112m from $206m. Higher margins in Europe resulting from improvements in operational efficiencies were more than offset by the effects of lower volumes in North America and Japan.


As announced on 9 October, the supplier expects a sales increase of approximately 6%, to $34bn, in 2007. Earnings from continuing operations are estimated to increase 14%, to about $6.00 per share. For the first quarter of 2007, the company expects earnings from continuing operations of $0.80 – $0.85 cents per share.