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Johnson Controls Reports Strong Q2 Results; Raises FY25 Guidance
Prnewswire· 2025-05-07 10:55
Core Insights - Johnson Controls International plc reported fiscal Q2 2025 GAAP earnings per share (EPS) of $0.71 and adjusted EPS of $0.82, with sales of $5.7 billion, reflecting a 1% increase year-over-year and a 7% organic growth [2][7][21] - The company experienced strong demand for its solutions, leading to margin expansion and a record backlog of $14.0 billion, which increased 12% organically year-over-year [3][7] - The company raised its full-year fiscal 2025 guidance, indicating confidence in continued growth and operational improvements [21][17] Financial Performance - Q2 2025 sales were $5.7 billion, up 1% from the previous year, with organic sales growth of 7% [2][7] - GAAP income from continuing operations was $473 million, while adjusted income was $545 million [2][7] - The company generated $550 million in cash from operating activities and reported free cash flow of $456 million [20] Segment Results - **Building Solutions North America**: Sales increased by 6% to $2.9 billion, with a segment EBITA margin of 13.4%, down 20 basis points year-over-year [5][6] - **Building Solutions EMEA/LA**: Sales rose 2% to $1.1 billion, with a significant EBITA margin increase of 410 basis points to 12.5% [6][8] - **Building Solutions Asia Pacific**: Sales grew by 10% to $542 million, with an EBITA margin of 14.6%, up 360 basis points [10][11] - **Global Products**: Sales declined by 13% to $1.1 billion, but organic sales grew by 8%, driven by price and volume growth [12][13] Guidance and Future Outlook - The company initiated guidance for fiscal Q3 and raised full-year fiscal 2025 expectations, projecting organic sales growth in the mid-single digits and adjusted EPS of approximately $3.60 [21][17] - Adjusted segment EBITA margin improvement is expected to be around 90 basis points year-over-year [21] Corporate Developments - Corporate expenses increased by 102% year-over-year to $186 million, attributed to certain corporate accruals and stranded costs from the divestiture of the R&LC HVAC business [14][15] - The company continues to focus on operational efficiencies and strategic growth initiatives to enhance value for stakeholders [3][21]
Johnson Controls Announces Participation in Upcoming Investor Conferences
Prnewswire· 2025-04-28 12:45
Core Viewpoint - Johnson Controls International plc, a leader in smart, healthy, and sustainable buildings, will participate in three upcoming conferences in May 2025 [1]. Company Overview - Johnson Controls focuses on transforming environments for living, working, learning, and playing, aiming to enhance building performance for people, places, and the planet [3]. - The company has a 140-year history of innovation and offers a comprehensive digital solution called OpenBlue, which serves various industries including healthcare, education, data centers, airports, and manufacturing [4]. - Johnson Controls provides the largest portfolio of building technology, software, and service solutions in the industry [4]. Upcoming Conferences - The company will participate in the Oppenheimer 20th Annual Industrial Growth Conference on May 8, 2025, featuring a virtual fireside chat with CFO Marc Vandiepenbeeck [5]. - CFO Marc Vandiepenbeeck will also participate in the BofA Securities Industrials, Transportation & Airlines Key Leaders Conference on May 14, 2025, in New York [5]. - CEO Joakim Weidemanis and CFO Marc Vandiepenbeeck will take part in the Wolfe Research 18th Annual Global Transportation & Industrials Conference on May 21, 2025, in New York [5].
New Study Finds Johnson Controls OpenBlue Smart Building Platform Drives Efficiency and Cost Savings for Customers
Prnewswire· 2025-04-16 13:00
Core Insights - Johnson Controls released a study by Forrester Consulting highlighting the Total Economic Impact™ of its OpenBlue platform, indicating a potential ROI of up to 155% over three years for organizations using the platform [1][2][9] Group 1: OpenBlue Platform Overview - OpenBlue is an AI-optimized smart building ecosystem that enhances operational efficiency through real-time data visibility and tailored energy-saving recommendations [3][4] - The integration of OpenBlue with FM:Systems solutions improves data visibility and supports strategic real estate decisions [3][4] Group 2: Economic Benefits - The study found that organizations using OpenBlue could achieve up to 10% savings on energy costs, with specific examples showing savings of $17,000 per floor due to insights on out-of-hours lighting [4][6] - Additional findings include a 67% reduction in chiller maintenance costs, equating to nearly $1.5 million saved over three years, and a 7% rental premium leading to a present value of $3.2 million over three years [6] Group 3: AI Capabilities and Enhancements - Johnson Controls expanded its AI capabilities within the OpenBlue Enterprise Manager suite, introducing generative AI applications and more autonomous building controls [5][7] - The enhancements aim to provide clearer insights and better performance, contributing to overall energy efficiency and operational savings [6][7] Group 4: Study Methodology - Forrester interviewed five decision-makers from a composite organization with 1,800 employees and 50 million square feet of assets to assess the benefits and costs associated with OpenBlue and FM:Systems solutions [9][10] - The study constructed a Total Economic Impact™ framework to evaluate the investment's cost, benefit, flexibility, and risk factors [10]
Johnson Controls Announces Second Quarter 2025 Earnings Conference Call Webcast
Prnewswire· 2025-04-09 12:45
Core Viewpoint - Johnson Controls International plc, a leader in smart, healthy, and sustainable buildings, is set to hold its Second Quarter Fiscal 2025 Earnings Conference Call on May 7, 2025, at 8:30 a.m. ET [1] Company Overview - Johnson Controls has a 140-year history of innovation and offers a comprehensive digital solution called OpenBlue, aimed at transforming various industries including healthcare, education, data centers, and more [2] - The company provides the largest portfolio of building technology, software, and service solutions from trusted industry names [2] Conference Call Details - The conference call can be accessed live via webcast and telephone, with a replay available for those unable to attend [3] - A slide presentation will be available for download on the morning of the call [3]
Johnson Controls Announces Quarterly Dividend
Prnewswire· 2025-03-12 12:45
Core Viewpoint - Johnson Controls International plc has announced a quarterly dividend of $0.37 per share, reflecting its commitment to returning value to shareholders and maintaining a long history of consecutive dividend payments since 1887 [1]. Company Overview - Johnson Controls is a global leader in smart, healthy, and sustainable buildings, focusing on transforming environments for living, working, learning, and playing [2]. - The company has a legacy of nearly 140 years of innovation and offers a comprehensive digital solution called OpenBlue, which serves various industries including healthcare, education, data centers, airports, and manufacturing [3]. - Johnson Controls boasts the largest portfolio of building technology and software, along with service solutions from trusted industry names [3].