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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, 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.
Johnson Controls International (NYSE: JCI) announced that its Executive Vice President, Michael Ellis, and Chief Technology Officer, Vijay Sankaran, will present at the Wolfe Research Industrial Growth & Technology Conference on November 15, 2021, at 2:25 p.m. EST. A live webcast of the presentation will be available on the company's website. With over 135 years of innovation, Johnson Controls aims to redefine the performance of buildings. The company operates globally, focusing on smart and sustainable solutions for various industries.
Johnson Controls International plc (NYSE: JCI) will have Chairman and CEO George Oliver present at the Deutsche Bank Industrials Conference on November 16, 2021, at 9:00 a.m. EST. A live webcast of the presentation will be accessible on the company's website. Johnson Controls, a leader in smart and sustainable buildings, provides innovative solutions across various industries through its OpenBlue digital platform. With over 135 years of experience and a workforce of 100,000 in more than 150 countries, Johnson Controls aims to enhance building performance for people and the planet.
Johnson Controls International plc (NYSE: JCI) will be represented by CFO Olivier Leonetti at the Baird 2021 Global Industrial Conference on November 10, 2021, at 9:40 a.m. EST. A live webcast of the presentation will be accessible through the company's website, offering insights into their ongoing initiatives in smart and sustainable buildings.
With over 135 years of innovation, Johnson Controls leads in building technology and services, employing a global team of 100,000 professionals across more than 150 countries. For more details, visit www.johnsoncontrols.com.
On October 28, 2021, Johnson Controls (NYSE: JCI) urged global leaders to adopt bold climate policies at the COP26 Climate Conference. Supporting an open letter from the Alliance of CEO Climate Leaders, the company highlighted the need for urgent action to limit global warming to 1.5°C and achieve net-zero emissions by 2050. Johnson Controls emphasized the potential of technologies like OpenBlue to significantly reduce carbon emissions from buildings, which account for 40% of global CO2 emissions. The company is committed to cutting operational emissions by 55% by 2030 and has also issued a Sustainability Linked Bond to further its carbon reduction goals.