Workflow
Building Technology
icon
Search documents
Johnson Controls Announces Fourth Quarter 2025 Earnings Conference Call Webcast
Prnewswire· 2025-10-08 12:45
, /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, announces the following webcast: INVESTOR CONTACT:                      MEDIA CONTACT: Jim Lucas   Danielle Canzanella Direct: 414.340.1752                        Direct: 414.524.8687 Email: [email protected]                      Email: [email protected] What: Johnson Controls Fourth Quarter Fiscal 2025 Earni ...
Inno Holdings Inc. Announces Closing of $7.2 Million Registered Direct Offering
Globenewswire· 2025-09-11 18:35
Core Viewpoint - Inno Holdings Inc. has successfully closed a registered direct offering, raising approximately $7.2 million through the sale of common stock and pre-funded warrants, with the transaction aimed at supporting general corporate purposes and working capital [1][3]. Group 1: Offering Details - The offering included the sale of 1,200,000 shares of common stock at a price of $3.60 per share and pre-funded warrants to purchase 800,000 shares, with the pre-funded warrants priced at $3.59999 each [2]. - Upon closing, 285,000 pre-funded warrants were exercised, resulting in the issuance of 285,000 shares of common stock [2]. Group 2: Financial Proceeds and Use - The company received aggregate gross proceeds of approximately $7.2 million from the offering, which closed on September 11, 2025 [3]. - The net proceeds from the offering are expected to be utilized for general corporate purposes, including working capital [3]. Group 3: Company Overview - Inno Holdings Inc. is focused on building technology and electronic products trading, aiming to revolutionize the construction industry with proprietary cold-formed steel framing, AI-driven design, and automation [6]. - The company is expanding its sales and distribution network in electronic product trading, seeking to enhance commercial value for business partners and increase enterprise value for shareholders [6].
Inno Holdings Inc. Announces $7.2 Million Registered Direct Offering
Globenewswire· 2025-09-10 13:00
Core Viewpoint - Inno Holdings Inc. has announced a registered direct offering with institutional investors, raising approximately $7.2 million through the sale of common stock and pre-funded warrants at a price of $3.60 per share [1][3]. Group 1: Offering Details - The offering includes the sale of 1,200,000 shares of common stock and pre-funded warrants to purchase 800,000 shares of common stock [2]. - The pre-funded warrants are immediately exercisable and can be exercised at any time until fully exercised, with a minimal exercise price of $0.00001 [2]. - The total gross proceeds from the offering are expected to be around $7.2 million, with the transaction anticipated to close on or about September 11, 2025, pending customary closing conditions [3]. Group 2: Use of Proceeds - The company plans to utilize the net proceeds from the offering, along with existing cash, for general corporate purposes and working capital [3]. Group 3: Company Overview - Inno Holdings Inc. is focused on building technology and electronic products trading, aiming to innovate the construction industry through proprietary cold-formed steel framing, AI-driven design, and automation [7]. - The company is expanding its sales and distribution network in electronic product trading, seeking to enhance commercial value for business partners and increase its own enterprise value [7].
Johnson Controls increases quarterly dividend
Prnewswire· 2025-09-10 12:45
Accessibility StatementSkip Navigation CORK, Ireland, Sept. 10, 2025 /PRNewswire/ -- The board of directors of Johnson Controls International plc (NYSE: JCI), the global leader in smart, healthy and sustainable buildings, has approved a quarterly dividend of $0.40 per share of common stock, payable on Oct. 17, 2025, to shareholders of record at the close of business on Sept. 22, 2025. This represents a $0.03 cent increase over the previous quarterly dividend. Johnson Controls has paid a consecutive divid ...
Johnson Controls Completes Sale of Residential and Light Commercial HVAC Business
Prnewswire· 2025-08-01 10:00
Core Viewpoint - Johnson Controls International plc has completed the sale of its Residential and Light Commercial HVAC business to the Bosch Group for a total transaction value of $8.1 billion, marking a significant step in the company's transformation into a pure-play provider of innovative building solutions [1][2]. Company Overview - Johnson Controls is recognized as a global leader in smart, safe, healthy, and sustainable buildings, focusing on reimagining building performance to benefit people, places, and the planet [9][10]. - The company has a history of 140 years of innovation and offers the largest portfolio of building technology and software, along with service solutions [10]. Transaction Details - The sale includes the North America ducted business and a global residential joint venture with Hitachi, Ltd., while Hitachi retains certain ductless HVAC assets located in Shimizu, Japan [3]. - Johnson Controls' portion of the transaction consideration is approximately $6.7 billion, with net cash proceeds expected to be around $5.0 billion after tax and transaction-related expenses [2]. Future Plans - Following the transaction, Johnson Controls plans to return a portion of the net proceeds to shareholders through a $5.0 billion accelerated share repurchase program, in line with its capital allocation policy [4]. - The company has an overall share repurchase authorization availability of $9.8 billion [4]. Leadership Perspective - CEO Joakim Weidemanis emphasized the transaction as a milestone that positions Johnson Controls for faster growth and increased profitability as a technology-based and service-enabled company [2]. - He expressed gratitude to the Residential and Light Commercial HVAC team for their contributions and wished them success in their new roles at Bosch [2]. Advisory Information - Financial advisors for the transaction included Centerview Partners and Citi, with legal advice from Simpson Thacher and investor relations support from Joele Frank [5].
Johnson Controls Appoints Chris Scalia as Executive Vice President and Chief Human Resources Officer
Prnewswire· 2025-07-15 10:59
Group 1 - Johnson Controls has appointed Chris Scalia as executive vice president and chief human resources officer (CHRO) to enhance the company's growth strategy [1][2] - Scalia brings over 20 years of experience from The Hershey Company, where he held dual roles as CHRO and Chief Transformation Officer, leading significant transformations and portfolio evolution [2][4] - CEO Joakim Weidemanis emphasized Scalia's expertise in people and culture strategy, operational excellence, and team building as essential for transforming Johnson Controls into a customer-centric organization [3] Group 2 - Scalia's career includes extensive experience in labor relations and management employment law, with a strong focus on change management across various operational areas [4] - He holds an Executive Master's degree in Human Resources from Cornell University, a Juris Doctorate from Penn State, and a Bachelor of Arts from Juniata College, showcasing a solid educational background [4] - Johnson Controls aims to leverage Scalia's leadership to create a world-class employee experience and attract top talent, which is critical for the company's competitive edge [3]
Johnson Controls Announces Third Quarter 2025 Earnings Conference Call Webcast
Prnewswire· 2025-07-08 12:45
Core Insights - Johnson Controls International plc is a global leader in smart, healthy, and sustainable buildings, focusing on transforming environments for various sectors [1][2] - The company will hold its Third Quarter Fiscal 2025 Earnings Conference Call on July 29, 2025, at 8:30 a.m. ET, which will be accessible via webcast and telephone [1][3] Company Overview - Johnson Controls has a proud history of 140 years of innovation, delivering future blueprints for industries such as healthcare, schools, data centers, airports, stadiums, and manufacturing through its OpenBlue digital offering [2] - The company offers the world's largest portfolio of building technology and software, along with service solutions from trusted industry names [2]
Johnson Controls Announces $9 Billion Increase to Share Repurchase Program
Prnewswire· 2025-06-13 20:15
Core Viewpoint - Johnson Controls International plc has approved a $9 billion share repurchase authorization, which adds to the existing $1.1 billion remaining from a previous authorization [1][2]. Company Overview - Johnson Controls is a global leader in smart, healthy, and sustainable buildings, focusing on transforming environments for living, working, learning, and playing [3][4]. - The company has a history of nearly 140 years of innovation and offers a comprehensive digital offering called OpenBlue, which serves various industries including healthcare, schools, data centers, and manufacturing [4]. Share Repurchase Details - The share repurchase may be executed through various methods such as open market purchases, Rule 10b5-1 plans, tender offers, or accelerated share repurchase programs [2]. - There is no obligation to repurchase a specific amount of shares within a set timeframe, and the timing and amount will depend on market conditions and share price evaluations [2]. - The share repurchase authorization does not have a set expiration date and can be amended or terminated at the company's discretion [2].
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].