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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 ...
Johnson Controls Named to Fortune's 2025 Change the World List for data center thermal management innovation
Prnewswire· 2025-09-24 14:30
Core Insights - Johnson Controls has been recognized on Fortune's 2025 Change the World list for its innovative YORK YVAM Air-Cooled Magnetic Bearing Chiller, designed for hyperscale and AI-intensive data centers, showcasing advancements in sustainability and societal benefits [1][2] Group 1: Product Innovations - The YORK YVAM chiller reduces power consumption by 40% annually while maintaining the same cooling capacity as conventional solutions [6] - The chiller operates using zero on-site water, promoting water conservation and improved water usage effectiveness [6] - It functions quietly at 65 decibels at 10 meters, comparable to background music in a restaurant [6] Group 2: Industry Context - Data center cooling systems are crucial for maintaining safe operating temperatures for high-performance chips, accounting for over 30% of a facility's total energy consumption [2] - The increasing demand for energy-efficient cooling technologies is driven by the need to address rising power demands and reduce daily water usage, which can reach millions of gallons [2] Group 3: Company Recognition and History - This marks the third time Johnson Controls has been included in Fortune's Change the World list, previously recognized in 2023 for heat pump technology that reduces operating costs by over 50% and carbon emissions by 60% [3] - In 2022, the company was acknowledged for its OpenBlue smart building platform, which transforms buildings into dynamic assets [3] - Johnson Controls has a 140-year history of innovation, providing a comprehensive digital offering through OpenBlue [5]
Johnson Controls Appoints Todd Grabowski to Lead Americas Segment
Prnewswire· 2025-09-24 10:55
Accessibility StatementSkip Navigation Seasoned leader brings deep technical and commercial expertise to accelerate company's growth strategy CORK, Ireland, Sept. 24, 2025 /PRNewswire/ -- Johnson Controls (NYSE: JCI), a global leader for smart, healthy and sustainable buildings, today announced the appointment of Todd Grabowski as vice president and president, Americas, effective Oct. 1, 2025. Grabowski will be responsible for strategy and execution in the Americas, focused on driving organic growth throug ...
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 Reports Strong Q3 Results; Raises FY25 Guidance
Prnewswire· 2025-07-29 10:55
Core Viewpoint - Johnson Controls International plc reported strong fiscal third quarter 2025 results, with a notable increase in sales and adjusted earnings per share, reflecting the company's focus on innovation and customer commitment [2][3][7]. Financial Performance - The company achieved GAAP earnings per share (EPS) of $0.94 and adjusted EPS of $1.05 for the third quarter [2]. - Total sales for the quarter reached $6.1 billion, marking a 3% increase year-over-year, with organic sales growth of 6% [2][7]. - GAAP income from continuing operations was $618 million, while adjusted income from continuing operations was $693 million [2]. Segment Results - **Americas**: Sales remained flat at $4.0 billion, with organic sales increasing by 7%. GAAP segment EBITA was $742 million, down 8% year-over-year [5][6]. - **EMEA**: Sales increased by 8% to $1.3 billion, with a 15% rise in GAAP segment EBITA [8][9]. - **APAC**: Sales grew by 7% to $737 million, with a 12% increase in GAAP segment EBITA [9][10]. Orders and Backlog - Excluding M&A and adjusted for foreign currency, orders increased by 5% year-over-year, and the backlog reached $10.3 billion, up 10% year-over-year [6][7]. Cash Flow and Shareholder Returns - Cash provided by operating activities was $787 million, with free cash flow of $693 million and adjusted free cash flow of $725 million [12][39]. - The company paid dividends totaling $243 million and repurchased 3.8 million shares for $310 million [12]. Guidance - The company raised its full-year fiscal 2025 guidance, projecting organic sales growth of mid-single digits and adjusted EPS of $3.65 to $3.68 [19][14].
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]