Johnson controls reports q4 and fy23 results highlighted by strong sales growth and margin expansion; initiates fy24 guidance

Q4 reported sales increased 3% versus prior year and up 2% organically; full year reported sales up 6% and increased 8% organically q4 gaap eps of $0.80; q4 adjusted eps of $1.05, including a $0.04 headwind from the cyber incident, up 6% versus prior year; full year gaap eps of $2.69; full year adjusted eps of $3.50, up 17% versus prior year. results include a $0.04 headwind from the cyber incident.
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