International. This would have been hinted at by the president of Johnson Controls International when presenting a report on the company's sales and earnings in the first fiscal quarter of 2024.
George Oliver's statements, released at the end of January, drew attention among some sectors of the industry that have interpreted the executive's words as a declaration of intent.
"The management team continues to simplify and transform the company into an end-to-end solution provider for commercial buildings. As part of the ongoing evaluation of our portfolio, we are in the early stages of seeking strategic alternatives to our non-commercial businesses, in line with our goal of maximizing shareholder value", Oliver said at the time.
In order to expand the information on the matter, ACR Latinoamerica has tried to establish contact with the brand's representatives in Latin America, but so far there has been no response.
A positive balance
Year-to-date, continuing operations resulted in GAAP earnings per share ("EPS") of US$0.55. Excluding special items, adjusted earnings per share from continuing operations were $0.51.
"Our value proposition of making buildings smarter, healthier and more sustainable is resonating with our customers and translates into a record order book. After overcoming a temporary cyber disruption and first-quarter seasonality, we are entering the new calendar year with accelerated momentum", said George Oliver.
The executive also reported that, so far, sales have been equivalent to US $6.1 billion, remaining stable compared to the previous year and registering an organic decrease of 1%. In addition, GAAP net income from continuing operations was $374 million and adjusted net income from continuing operations was $350 million.
