• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Johnson Controls Inc. Feb 09 Product Image

Johnson Controls Inc. Feb 09

  • Published: February 2009
  • Standard & Poors

Abstract
Industry-leading market positions; Good product, vehicle platform, and geographic diversity; Relatively good customer diversity; and Consistent cash flow. Reduced profitability due to difficult automotive markets; Cyclical demand; Strong, well-positioned competitors; and Concentrated automotive customer base with strong purchasing power. The ratings on Milwaukee-based Johnson Controls Inc. (JCI) reflect its solid global market positions, good business diversity, and intermediate financial risk profile, including consistent free cash flow generation, tempered by dependence on cyclical end markets. In the year ahead, we believe global economic challenges for JCI's auto interior and power solutions businesses will pressure its revenues and profitability. JCI is one of the world's largest providers of automotive interior components (48% of fiscal 2008 revenue); building-control systems and heating, ventilation, and...

Companies mentioned in this report are: Johnson Controls Inc.,York International Corp.
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, READ MORE >

Johnson Controls Inc.,York International Corp.

Note: Product cover images may vary from those shown

RELATED PRODUCTS