Earnings call: Johnson Controls eyes growth amid market challenges
==========

Johnson Controls discussed its Q1 2024 financial performance and strategic outlook during its earnings call. The company reported results in line with expectations, including sales, margins, and adjusted earnings per share. It is focusing on digital building solutions and streamlining its portfolio. However, it has adjusted its full-year guidance due to market headwinds in China and is considering strategic alternatives for its non-commercial product lines. The company faces challenges in the Asia-Pacific region, particularly in China. Johnson Controls is navigating a complex market environment with strategic maneuvers aimed at enhancing its digital building solutions platform and simplifying its portfolio.

#JohnsonControls #EarningsCall #Q12024 #DigitalBuildingSolutions #PortfolioStreamlining #ChinaMarket #Asia-pacific

https://www.investing.com/news/stock-market-news/earnings-call-johnson-controls-eyes-growth-amid-market-challenges-93CH-3288692