Welcome to our dedicated page for Johnson Controls International news (Ticker: JCI), a resource for investors and traders seeking the latest updates and insights on Johnson Controls International stock.
News for Johnson Controls International plc (JCI) centers on its role in building technology, smart buildings and retail-focused solutions. The company regularly issues updates describing itself as the global leader for smart, healthy and sustainable buildings, and highlights how its technologies transform environments where people live, work, learn and play. Many announcements focus on innovations delivered through its OpenBlue digital offering and its presence in industries such as healthcare, schools, data centers, airports, stadiums and manufacturing.
A significant portion of Johnson Controls news involves Sensormatic Solutions, its global retail solutions portfolio. Sensormatic announcements cover new capabilities in loss prevention, inventory intelligence and traffic insight solutions. Recent items include the expansion of the Shrink Analyzer application with machine learning features, the introduction of Category-Level Shrink Insights using acousto-magnetic EAS technology, and the launch of the FLEX platform that combines storefront merchandising, retail media and loss prevention technologies.
Other news highlights TrueVUE Cloud inventory intelligence, including a platform-as-a-service option for retailers and collaborations with partners such as Keonn Technologies to support hands-free cycle counting and real-time merchandise location. Johnson Controls also features updates on AI-enabled sensors and video analytics, such as Orbit AI and Store Guest Behaviors, which provide shopper journey and traffic insights.
In addition, investors will find corporate and financial communications such as earnings conference call webcasts, strategic investments in areas like liquid cooling for AI and high-performance computing data centers, and disclosures related to portfolio changes. This news page brings together these varied updates so readers can follow how Johnson Controls and its Sensormatic Solutions portfolio evolve across building technology, retail operations and data center applications.
Johnson Controls International (NYSE: JCI) reported fiscal Q2 2022 results, revealing a GAAP EPS of $0.02 and adjusted EPS of $0.63, up 21% from the previous year. Sales reached $6.1 billion, a 9% increase, with a record backlog of $10.9 billion, up 12% year-over-year. Despite strong growth in orders, supply chain issues have delayed backlog conversion, prompting a revision of adjusted EPS guidance for the year to between $2.95 and $3.05. The company repurchased over $1 billion in shares to date this fiscal year, reinforcing confidence in future growth.
Johnson Controls International plc (NYSE: JCI) will present at the 2022 Goldman Sachs Industrials and Materials Conference on May 11, 2022, at 9:40 a.m. EDT. Chairman and CEO George Oliver will be featured in the presentation, which can be accessed via a live webcast on the company's website. Known for transforming environments into smart, healthy, and sustainable buildings, Johnson Controls leverages its expertise in various industries through OpenBlue, its digital offering.
Johnson Controls (NYSE:JCI) is set to host a webinar on May 17, 2022, at 10:00 a.m. CT, sharing insights from a global sustainability study in partnership with Forrester. The study highlights that 72% of companies prioritize sustainability, with a focus on delivering growth and competitive advantage. Key findings include that sustainability maturity enhances competitive advantage and requires strategic planning. The event aims to guide leaders in achieving sustainability goals effectively.
Johnson Controls has commissioned a heat pump at Vattenfall's Berlin-Buch CHP plant, supporting its goal to eliminate carbon emissions by 2050. This installation is projected to reduce CO2 emissions by 620 tonnes annually while enhancing district heating capacity without additional fossil fuel consumption. The project aligns with the EU's Green Deal and Germany's Energiewende initiative aimed at achieving carbon neutrality by 2050. Johnson Controls continues to innovate in energy-efficient technologies, crucial for meeting growing energy demands and environmental goals.
Johnson Controls (NYSE: JCI) and Cherry Creek School District (CCSD) have launched a $69 million sustainability initiative aimed at reducing carbon emissions by 25% and conserving 1.8 billion gallons of water over 20 years. This project, expected to generate $20 million in net savings, aligns with Colorado's building performance standards. The upgrades will enhance learning environments and operational efficiency through technologies like LED lighting and advanced HVAC systems, integrated via the Johnson Controls OpenBlue platform. The initiative supports equity by contracting 10% Minority- and Women-Owned Business Enterprises.
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Johnson Controls International plc (NYSE: JCI) has scheduled its Second Quarter Fiscal 2022 Earnings Conference Call for May 4, 2022, at 8:30 a.m. EDT. Investors can access the live webcast at http://investors.johnsoncontrols.com/news-and-events/events-and-presentations. A replay of the call will be available after it concludes, accessible through the same link. Johnson Controls, a leader in smart building technologies, focuses on enhancing building performance through its digital platform, OpenBlue.
Johnson Controls (NYSE: JCI) has been recognized for a second consecutive year in the FT Climate Leaders list, showcasing its substantial efforts in sustainability. The company has cut its energy and greenhouse gas intensity by over 70% since 2002, and has achieved a 38% reduction in scope 1 and 2 emissions since 2017, eliminating over 415,000 metric tons of CO2e. With initiatives like the OpenBlue digital platform, Johnson Controls is leading in decarbonizing buildings globally, aligning with the EU's ambitious climate goals for 2030 and 2050.
On March 30, 2022, the Canada Infrastructure Bank (CIB) and Johnson Controls (NYSE: JCI) announced a partnership to invest over CAD 125 million in decarbonization retrofit projects across Canada. The CIB will contribute up to CAD 100 million, covering 80% of total project costs, while Johnson Controls will provide at least 20%. This initiative aims to reduce greenhouse gas emissions by more than 48,000 tonnes annually and create over 900 jobs in the trades sector. The collaboration is part of Canada's goal to achieve net-zero emissions by 2050.
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