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Johnson Controls International plc (NYSE: JCI) delivers innovative smart building technologies and energy-efficient solutions for commercial and industrial facilities worldwide. This dedicated news hub provides investors and stakeholders with timely updates on corporate developments, financial performance, and technological advancements shaping the future of intelligent infrastructure.
Access authoritative coverage of JCI's strategic initiatives, including quarterly earnings announcements, product innovation launches, and sustainability-driven partnerships. Our curated news collection simplifies tracking of leadership changes, regulatory updates, and market expansion efforts while maintaining strict adherence to factual reporting standards.
Stay informed about JCI's progress in critical areas like HVAC system advancements, fire safety technologies, and building automation platforms through verified press releases and objective analysis. Bookmark this page for centralized access to operational updates that impact JCI's position in the global building technologies sector.
Johnson Controls has secured a contract with the Canadian Department of National Defence for efficiency upgrades at the 2nd Canadian Division Support Base (CDSB) Valcartier. This 14-year project aims to cut annual energy costs by CA$1.5 million and reduce greenhouse gas emissions by 58%. Total projected energy savings for the Department now amount to CA$8.2 million annually, alongside a reduction of nearly 37,000 tons of CO2 emissions. The initiative, supporting the DND's 2050 Net Zero Goals, will also create 180 jobs and modernize 81 buildings on the base.
Johnson Controls International reported strong Q4 results with GAAP EPS of $1.10 and adjusted EPS of $0.99, both up 13% from the prior year. Sales rose 5% to $6.7 billion, with organic growth of 10%. Orders increased by 9% organically year-over-year, and the backlog reached a record $11.1 billion, marking a 13% year-over-year increase. For fiscal 2023, adjusted EPS guidance is set between $3.20 and $3.60, indicating a growth rate of 7% to 20%. Despite challenges, the company remains optimistic about converting its backlog and executing new solutions.
Dedrone has partnered with Johnson Controls (NYSE: JCI) to enhance airspace security by integrating Dedrone’s counter-drone technology into Johnson Controls' security products. This collaboration aims to address unauthorized drone activity threats faced by various sectors, including transportation hubs and public venues. Dedrone’s solutions will be available as cloud-based security services, enabling organizations to track and mitigate drone threats effectively. The integration leverages Open Systems Architecture for seamless compatibility with other security systems.
Johnson Controls International (NYSE: JCI), a leader in smart, sustainable buildings, is set to present at the 2022 Baird Global Industrial Conference in Chicago. The event will take place on November 10, 2022, at 10:50 a.m. CST. A live webcast will be available on their website. Johnson Controls specializes in transforming environments to enhance the performance of buildings.
Johnson Controls International (NYSE: JCI) has scheduled its Fourth Quarter Fiscal 2022 Earnings Conference Call for November 3, 2022, at 8:30 a.m. ET. The live webcast can be accessed via their investor relations page, and a slide presentation will be available that morning. A replay will also be offered through webcast and telephone until November 10, 2022. Johnson Controls is a leader in building technology and services, leveraging innovation for industries like healthcare and data centers.
Johnson Controls (NYSE:JCI) is offering emergency rebates for HVAC equipment to homeowners in Florida, South Carolina, and North Carolina impacted by Hurricane Ian. Rebates, ranging up to $425, are available for YORK®, Luxaire®, Coleman®, Champion®, and Fraser-Johnston® brands installed between October 1 and December 31, 2022. Homeowners can apply for rebates online, with amounts based on equipment efficiency. This initiative aims to aid recovery efforts in designated FEMA Disaster Areas following the storm's devastation.
Johnson Controls (NYSE: JCI) has been recognized in the 2022 Fortune Change the World list for its innovative OpenBlue solutions, particularly the OpenBlue Net Zero Buildings as a Service offering. This solution aids customers in achieving their net zero goals by using a performance-based service model. Buildings account for around 40% of global emissions, making sustainable technology integral to future developments. Johnson Controls aims to drive sustainability and operational efficiency across various sectors.
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