Johnson Controls(JCI)
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JOHNSON CONTROLS REPORTS SOLID PROGRESS TOWARD SUSTAINABILITY TARGETS IN 2024 SUSTAINABILITY REPORT
Prnewswire· 2024-04-22 13:00
Scope 1 and Scope 2 emissions reduced 43.8% and Scope 3 emissions reduced 27.1% since 2017 Invested 90% of new product research and development in climate-related innovation Reports highest number of employee volunteer hours since 2017 Emissions avoided by customers though OpenBlue solutions have quadrupled since 2020 Performance contracting delivering vast carbon savings and billions in operational savings for our customers CORK, Ireland, April 22, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the ...
Johnson Controls (JCI) Prices $700M Worth of Notes Offering
Zacks Investment Research· 2024-04-17 13:51
Johnson Controls International plc (JCI) announced the pricing of senior notes yesterday. Subject to the fulfilment of customary conditions, the public offering of notes is expected to close on Apr 19, 2024.It is worth mentioning here that the company’s shares lost 0.3% yesterday, ending the trading session at $64.23.Inside the HeadlinesAs noted, the offering will comprise $700 million of 5.500% senior notes, due to expire on Apr 19, 2029. Senior notes have been priced at 99.737% of the principal amount, pl ...
JOHNSON CONTROLS PRICES SENIOR NOTES OFFERING
Prnewswire· 2024-04-16 21:16
CORK, Ireland, April 16, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI) (the "Company" or "Johnson Controls"), the global leader for smart, healthy and sustainable buildings, today announced the pricing of its offering of $700 million senior notes due 2029. The net proceeds will be used for general corporate purposes, including the repayment, redemption or refinancing of outstanding commercial paper and other near-term indebtedness. General corporate purposes may also include acquisitions, additions to w ...
JOHNSON CONTROLS ANNOUNCES SECOND QUARTER 2024 EARNINGS CONFERENCE CALL WEBCAST
Prnewswire· 2024-04-11 12:30
CORK, Ireland, April 11, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, announces the following webcast: What: Johnson Controls Second Quarter Fiscal 2024 Earnings Conference Call When: Wednesday, May 1, 2024, at 8:30 a.m. ET How: The conference call for investors can be accessed in the following ways: Live via webcast at http://investors.johnsoncontrols.com/news-and-events/events-and-presentations Note: A slide presenta ...
Why Shares in Johnson Controls Rose in March
The Motley Fool· 2024-04-09 13:20
Group 1: Market Conditions - Johnson Controls' shares rose by 10.2% in March, influenced by positive updates from competitors [1] - Siemens Smart Infrastructure reported that its smart infrastructure business is performing well, which bodes well for Johnson Controls' market prospects [2] Group 2: Company Restructuring - Johnson Controls is considering selling parts of its residential and light commercial HVAC businesses, with potential buyers including Robert Bosch, Samsung, and Lennox International, for assets valued over $6 billion [3] - The sale would allow Johnson Controls to focus on its core commercial HVAC and fire and security products [3] Group 3: Strategic Rationale - Investors may favor the sale as it aligns with the trend of commercial building owners retrofitting HVAC systems to enhance efficiency and meet net-zero emissions targets [4] - The residential and light commercial HVAC segments contributed only 10% of sales in 2023, indicating that divesting these units could strengthen the investment case for the company [5] Group 4: Operational Challenges - Johnson Controls is currently assessing the impact of a cyber attack that affected its growth in Q1 2024 [5] - The company is experiencing a temporary sales weakness as dealers deplete excess inventory built during the supply chain crisis [5][6] - Management anticipates a significant sales growth rebound in the second half of the financial year [6]
JOHNSON CONTROLS ANNOUNCES QUARTERLY DIVIDEND
Prnewswire· 2024-03-13 12:45
CORK, Ireland, March 13, 2024 /PRNewswire/ -- The board of directors of Johnson Controls International plc (NYSE: JCI), the global leader in smart, healthy and sustainable buildings, has approved a regular quarterly dividend of $0.37 per share of common stock, payable on April 19, 2024, to shareholders of record at the close of business on March 25, 2024. Johnson Controls has paid a consecutive dividend since 1887. About Johnson ControlsAt Johnson Controls (NYSE:JCI), we transform the environments where peo ...
JOHNSON CONTROLS FOUNDATION SUPPORTS AMERICAN RED CROSS DISASTER RELIEF EFFORTS WITH $1 MILLION DONATION
Prnewswire· 2024-03-12 13:00
MILWAUKEE, March 12, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today announced the Johnson Controls Foundation's pledge of $1 million to the American Red Cross Annual Disaster Giving Program (ADGP) over the next two years. By making a proactive donation to Red Cross Disaster Relief, the Foundation is helping ensure the organization is prepared to meet the needs of people affected by disasters big and small across the United States. ...
ETHISPHERE NAMES JOHNSON CONTROLS AS ONE OF THE WORLD'S MOST ETHICAL COMPANIES FOR THE 17TH TIME
Prnewswire· 2024-03-04 15:00
Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs CORK, Ireland, March 4, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the global leader for smart, healthy, and sustainable buildings, has received the 2024 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, marking the 17th time Johnson Controls has ...
Why Is Johnson Controls (JCI) Up 12.9% Since Last Earnings Report?
Zacks Investment Research· 2024-02-29 17:36
A month has gone by since the last earnings report for Johnson Controls (JCI) . Shares have added about 12.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Johnson Controls due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Johnson Controls Q1 Earnings Beat, Revenu ...
JOHNSON CONTROLS TO PRESENT AT THE CITI'S 2024 GLOBAL INDUSTRIAL TECH AND MOBILITY CONFERENCE
Prnewswire· 2024-02-15 13:30
CORK, Ireland, Feb. 15, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, will present at the Citi's 2024 Global Industrial Tech and Mobility Conference in Miami Beach, Florida. Chairman and CEO, George Oliver, will participate on Thursday, Feb. 22, 2024, at 9:40 a.m. EST. A live webcast of the presentation will be available on the company's website at: http://investors.johnsoncontrols.com/news-and-events/events-and-presentat ...