Report
Brian Bernard
EUR 101.80 For Business Accounts Only

Johnson Controls' synergy realization should drive margin expansion over the coming years.

Newly-minted CEO George Oliver’s remarks during narrow-moat Johnson Controls’ fourth-quarter fiscal 2017 earnings call left a positive impression on us; and we believe the former Tyco CEO is more than willing to roll up his sleeves to create shareholder value. Johnson Controls’ organic growth and free cash flow conversion were disappointing in fiscal 2017; however, Oliver is taking actions to drive improved financial performance, and the company will enact a revised compensation plan to hold exe...
Underlying
Johnson Controls International plc

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Bernard

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch