CORK, Ireland, July 8, 2025 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, announces the following webcast: What: Johnson Controls Third Quarter Fiscal 2025 Earnings Conference CallWhen: Tuesday, July 29, 2025, at 8:30 a.m. ETHow: 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 presentation wi ...

Core Viewpoint - Johnson Controls International plc (JCI) has announced a $9 billion share buyback program, reflecting its commitment to rewarding shareholders [1][2]. Share Buyback Program - The board of directors has authorized the repurchase of $9 billion worth of shares, which can be executed in the open market or through various methods, including Rule 10b-5-1 trading plans, with no expiration date [2][9]. - JCI currently has an existing share repurchase program from 2021, with $1.1 billion remaining as of the end of the second quarter of fiscal 2025 [3][9]. Financial Performance - In the first half of fiscal 2025, JCI repurchased 8.2 million shares for $660 million and paid out $489 million in dividends [4][9]. - The company has a market capitalization of $69 billion and holds a Zacks Rank of 3 (Hold) [5]. Market Position and Growth - JCI has experienced a 24.6% increase in share price over the past six months, significantly outperforming the industry growth of 1.5% [7]. - The Building Solutions North America segment is showing solid momentum, driven by increased demand for the HVAC platform and investments in digital offerings like the OpenBlue platform [5]. Challenges - Rising selling, general and administrative (SG&A) expenses due to higher transformation and transaction costs may impact profitability [7]. - High debt levels could increase financial obligations for the company [7].

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].

Group 1: Honeywell International - Honeywell has been added to UBS analyst Amit Mehrotra's list of "top picks" alongside Johnson Controls and 3M, indicating strong potential for outperformance [1] - The company raised the midpoint of its full-year guidance following excellent first-quarter results, with an organic sales growth outlook of 2% to 5% [2][4] - Honeywell's aerospace business is benefiting from increased aircraft production and growth in flight departures, with notable double-digit growth in Building Solutions [3] - Long-term potential exists from the planned breakup into three divisions, allowing for a more focused investment proposition and capital raising opportunities [6][7] Group 2: Johnson Controls - Johnson Controls reported a 7% organic sales growth in its fiscal second-quarter 2025, raising its full-year earnings guidance to $3.60 [9] - The company achieved a 5% order growth, increasing its backlog to $14 billion, driven by digital technology deployment [10] - Long-term growth catalysts include the adoption of the OpenBlue suite, which optimizes building efficiency and supports net-zero emissions goals [12] - The company's HVAC systems present growth opportunities in data centers, aligning with the AI/data center spending boom [13] Group 3: 3M - 3M's new CEO, Bill Brown, is implementing improvements after a period of underperformance, particularly in addressing legal issues and restructuring [14][15] - The company is tracking toward the low end of its guidance for full-year organic sales growth of 2% to 3%, but operational improvements have increased its operating margin to 23.5% [16] - If the tariff environment improves, 3M could benefit from enhanced earnings due to improved end markets and reduced cost headwinds [17]

Summary of Johnson Controls Conference Call Company Overview - **Company**: Johnson Controls - **Event**: Oppenheimer's 20th Annual Industrial Growth Conference Key Points Leadership Transition and Strategy - New CEO Joaquin has been proactive in his first two months, visiting eight countries and engaging with customers and factory operations [3][4] - Focus on lean initiatives and value creation opportunities, emphasizing a long-term journey rather than immediate results [4][6] - The company is redefining its strategy and portfolio, identifying areas for growth and potential divestitures [5][6] Operational Changes - Revised reporting structure aligns with industry peers, aiming for cost reduction and improved accountability [8][10] - The new structure aims to eliminate redundancy and improve customer focus, transitioning from a dual operating model to a unified approach [11][12] - Anticipated reduction in corporate costs, with guidance for Q3 at approximately $80 million, down from $130 million in Q2 [15][16] Financial Performance and Growth Targets - Long-term goal of double-digit earnings growth, leveraging existing cost structures and improving operational efficiency [21][25] - Gross margins are strong, but SG&A costs have historically been higher than competitors, indicating room for improvement [22][20] - Lean management initiatives expected to enhance gross margins and operational performance over the next few years [24][25] Service Revenue and Resilience - Service revenue is characterized as true recurring income, with multiyear contracts linked to sold systems [29][30] - Historical resilience during economic downturns, with a potential increase in service demand as maintenance is deferred [30][31] OpenBlue Technology Platform - OpenBlue is a differentiated offering with significant growth potential, currently under 1% penetration of the installed base [33][40] - The platform provides operational insights and efficiency improvements, with a compelling ROI of up to 55% over three years [32][33] Market Demand and Pipeline - Observed softness in certain verticals, but overall health in core markets remains strong [44][46] - Data centers and complex manufacturing are experiencing robust growth, while commercial real estate shows mixed signals [50][51] - Tariff impacts expected to affect revenues by about 2%, but the company has strategies in place to mitigate these effects [58][60] Cash Flow and Capital Structure - Achieved 100% free cash flow conversion, driven by improved supply chain and procurement practices [64][65] - Lean management expected to enhance inventory management and reduce capital intensity over time [66][67] Conclusion - Johnson Controls is undergoing significant transformation under new leadership, focusing on operational efficiency, customer-centric strategies, and leveraging technology for growth. The company is well-positioned to navigate market challenges while pursuing long-term financial goals.

Core Viewpoint - Johnson Controls International plc (JCI) is set to release its second-quarter fiscal 2025 financial results on May 7, with expectations of a mixed performance in revenues and earnings compared to the previous year [1][5]. Revenue Estimates - The consensus estimate for JCI's revenues is $5.64 billion, reflecting a decrease of 15.8% from the same quarter last year [2]. - The Building Solutions North America segment is anticipated to benefit from strong demand for HVAC platforms in data centers [2]. - The Building Solutions Europe, the Middle East, Africa/Latin America segment is expected to see revenues of $1.1 billion, indicating a 0.5% increase year-over-year [3]. - The Building Solutions Asia Pacific segment is projected to experience a revenue decline of 14.3% year-over-year to $434.8 million [4]. - The Global Products segment is expected to see an 8.3% increase in revenues year-over-year to $531.5 million [4]. Earnings Estimates - The consensus estimate for adjusted earnings is set at 77 cents per share, a decrease of 1.3% from the previous year [2]. - JCI has consistently surpassed earnings estimates in the past four quarters, with an average surprise of 5.1% [1]. Key Factors Influencing Performance - Investments in digital offerings, such as the OpenBlue platform, are expected to drive revenue growth [5]. - However, rising selling, general and administrative (SG&A) expenses, particularly due to higher insurance recovery costs, may negatively impact margins [6]. - The company faces foreign currency headwinds due to its significant international operations, which could further affect profitability [6]. Earnings Prediction Model - JCI currently has an Earnings ESP of 0.00%, indicating no clear prediction for an earnings beat this time [8]. - The company holds a Zacks Rank of 4 (Sell), which suggests a less favorable outlook compared to higher-ranked peers [8].

Core Insights - Johnson Controls is celebrating its 140th anniversary, marking a significant milestone in its history of innovation and leadership in the building technology sector [1][2][3] Company Achievements - The company has a rich history of achievements, including the introduction of the first automatic sprinkler and room thermostat, and currently holds nearly 8,000 patents [1][2] - Johnson Controls has invested billions of dollars in engineering, research, and development to enhance its product offerings and services [2] Product and Service Portfolio - Johnson Controls offers one of the largest portfolios of heating, ventilation, and air conditioning (HVAC) equipment and controls globally, along with fire protection and smart security solutions [1][4] - The company is focused on serving a diverse range of customers, including data centers, advanced manufacturing, education, hospitals, and pharmaceutical labs [1][4] Future Outlook - The CEO emphasized the company's commitment to accelerating technology-based innovation and continuous improvement, aiming to transform the industry for the next 140 years [4] - Johnson Controls is integrating IoT, AI, and machine learning into its services, providing enhanced real-time analytics to create smarter buildings [4][7] Digital Transformation - The company is leveraging its OpenBlue digital offering to deliver comprehensive solutions for various industries, including healthcare, schools, and manufacturing [7] - Johnson Controls aims to simplify its portfolio while enhancing customer service, ultimately helping customers save money, energy, and time [4]

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].