Johnsons Controls reports Q1 fiscal 2016 results; net revenues fall to USD8.9 billion
Automotive Experience reports 20% y/y decline in sales
Johnson Controls Inc (JCI) has reported a decline in net revenues, from USD9.6 billion in first quarter 2015 fiscal year to USD8.6 billion in first quarter fiscal 2016; JCI says the decline is largely on deconsolidation of the company’s Automotive Interiors business.
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