United States. A 4% increase in sales and a profit of US$.53 per diluted share reported Johnson Controls on its official website following the report for the second quarter of its accounting year for 2012.
The increase in figures compared to the same period in 2011 was $10.6 billion compared to $10.1 billion the previous year. "As we said at the beginning of the quarter, Johnson Controls faced a mix of opportunities and challenges. Our businesses did a good job of managing through these conditions and our second quarter results are consistent with our expectations," said the company's president and chief executive officer, Steve Roell.
The Building Efficiency division recorded sales of a total of $3.6 billion, slightly higher than last year and led by a revenue increase of 10% in Asia and 6% in North America.
The company announced that it expects its third-quarter earnings to increase 20% compared to 2011 and its fourth-quarter earnings to increase 25%. "Our forecast for the second half of the year is not based on the improvement of our markets. We will continue to take ongoing action to improve efficiencies and reduce costs," Roell said.
