October 28, 2009
MILWAUKEE (AP) — Johnson Controls said Tuesday that cost cuts and operational improvements bolstered its profit in the fourth quarter, helping to offset the effects of the continued weak economy on its sales.
Johnson Controls, which makes both automotive and building systems, also backed predictions made earlier this month of better earnings and sales for the next fiscal year, citing expectations of higher global automotive production and the resumption of higher growth rates in emerging markets.
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