View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
July 9, 2015

US: Johnson Electric Group Q1 sales down US$22m to US$526m

Johnson Electric Group sales for the quarter ended 30 June, were US$526m, a decrease of US$22m from the same quarter last year.

Johnson Electric Group sales for the quarter ended 30 June, were US$526m, a decrease of US$22m from the same quarter last year.

Excluding currency effects, sales increased by 3.5%, around US$19m, compared to the same quarter last year.

For the Automotive Products Group, excluding currency effects, APG’s sales for the quarter increased by 6.8% or around US$26m, compared to the same quarter last year.

The sales growth was largely driven by increased demand for products for powertrain cooling, heating, ventilation and air-conditioning, as well as engine air management applications.

This was slightly offset by lower sales of products for seat adjustment applications.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto