Johnson Ctls Intl Plc Stock Price, News & Analysis

Johnson Controls has launched the Ultimate Home Comfort program, a residential HVAC leasing initiative aimed at improving home heating and cooling efficiency for Americans. This 10-year program provides access to high-efficiency YORK HVAC systems, including air conditioners and heat pumps, with no upfront costs. Homeowners can save up to 53% on energy bills compared to older systems. The initiative not only promotes affordability but also aims to reduce carbon emissions, aligning with the company's goal of cutting customer emissions by 16% by 2030.

Johnson Controls, through its Sensormatic Solutions, reported a -28.3% decline in physical store visits on Black Friday compared to pre-pandemic levels in 2019, although this reflects a 47.5% increase from 2020. Shopper traffic on Thanksgiving Day also saw a significant drop of -90.4% compared to 2019. The company noted that ongoing supply chain issues have encouraged consumers to shop early. Despite the decline, 65% of U.S. consumers plan to shop in-store for product interaction this season, and overall in-store traffic may decrease by -10% to -15% compared to 2019.

Johnson Controls International plc (NYSE: JCI) will participate in the Credit Suisse Global Industrials Conference on December 3, 2021, at 8:50 a.m. EST. Executive Vice President and CFO Olivier Leonetti will engage in a virtual fireside chat. A live webcast of the presentation can be accessed on the company's official website. Johnson Controls, a leader in smart and sustainable buildings, aims to enhance the performance of various industries worldwide.

Johnson Controls (NYSE: JCI) announced a collaboration with Canada's Department of National Defence (DND) to enhance infrastructure and achieve decarbonization at Canadian Forces Base Halifax. The project aims for a 23% reduction in greenhouse gas emissions and estimated annual savings of CA$3M. This initiative, valued at CA$53M, will optimize energy use across 112 buildings. The upgrades include modernizing systems for energy efficiency and installing low-carbon technologies to support the Canadian government's Greening Government Strategy, aiming for net-zero operations by 2050.

Johnson Controls International (NYSE: JCI) reported a solid fiscal Q4 2021, with GAAP EPS of $0.38 and adjusted EPS of $0.88, reflecting a 16% increase year-over-year. Sales rose by 7% to $6.4 billion, while adjusted net income increased 12% to $628 million. The company's EBIT margin was 13.3%, with free cash flow from continuing operations reaching $2 billion. CEO George Oliver emphasized growth in backlogs and the impact of their innovative OpenBlue digital platform. Fiscal 2022 guidance forecasts organic revenue growth of mid-to-high single digits and adjusted EPS growth of 22-25%.

Johnson Controls (NYSE: JCI) announced the rollout of its OpenBlue digital platform across Derwent London's properties, representing 55% of its estate. This partnership aims to enhance operational efficiency, sustainability, and occupant experiences. After a successful pilot at the White Collar Factory, Derwent London will utilize OpenBlue technologies, including Enterprise Manager and Central Utility Plant optimization, to improve energy management and tenant satisfaction. The collaboration aligns with Derwent's commitment to becoming a net zero carbon business by 2030.

Johnson Controls (NYSE: JCI) has been awarded the 2021 Terra Carta Seal, recognizing its commitment to sustainability and innovation. The Terra Carta Seal is an honor given to companies demonstrating efforts toward sustainable markets, with a goal of achieving net zero emissions by 2040. Johnson Controls has reduced emissions intensity by over 70% since 2002 and has helped customers save over 30.6 million tons of CO2 and $6.6 billion through energy savings. The award underscores the company's leadership in fostering sustainable practices in building technology.