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.
Johnson Controls International plc reports developments tied to commercial building technology, including thermal management, mission-critical building systems, energy efficiency and decarbonization. Company news commonly covers quarterly results, organic sales, orders, backlog, margins and guidance, along with capital returns through its regular dividend.
Updates also describe product and design activity for data center cooling, including AI Factory Reference Design Guides for chiller-based thermal systems. Other recurring announcements include investor conference participation, earnings webcasts, the Johnson Controls Business System, and ethics, compliance and governance recognition.
On February 9, 2022, Johnson Controls held a panel discussion at the 2022 AHR Expo, addressing vital HVACR industry issues, primarily focusing on decarbonization. Executives highlighted the need for substantial investments in buildings to combat climate change, as these account for nearly 40% of global greenhouse gas emissions. A global study indicates sustainability is now a top investment priority. Johnson Controls is innovating solutions like OpenBlue Net Zero Buildings to facilitate net-zero goals, emphasizing the importance of indoor air quality and compliance with new energy efficiency standards effective January 1, 2023.
Johnson Controls has expanded its collaboration with Unacast to enhance shopper insights using mobility data. This partnership integrates consumer mobility data with in-store traffic metrics to provide a comprehensive understanding of shopper behavior and movement. The enhanced analytics will allow retailers to plan better customer engagement strategies, predict buying behaviors more accurately, and optimize brand performance across multiple channels. The collaboration is crucial in adapting to evolving retail landscapes and improving decision-making for operational excellence.
Johnson Controls International reported strong fiscal Q1 2022 results, with GAAP EPS of $0.54, up 26% year-over-year. Sales reached $5.9 billion, marking a 10% increase. Adjusted net income rose 22% to $380 million. EBIT was $543 million, with a 9.3% margin. Despite supply chain disruptions and labor issues, the company reaffirmed its full-year growth projections. The strong demand for smart building solutions and a backlog of $6.5 billion highlight its robust market position. The company plans to enhance shareholder value by increasing dividends by 26% and repurchasing shares.
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Johnson Controls International plc (NYSE: JCI), a leader in smart and sustainable buildings, announced its participation in the Cowen 43rd Annual Aerospace/Defense & Industrials Conference. Chairman and CEO George Oliver will join a virtual fireside chat on February 9, 2022, at 11:00 a.m. EST. The presentation will be available via live webcast on the company's website. Johnson Controls focuses on enhancing building performance and offers solutions across various industries, supported by over 100,000 experts worldwide.
Fabrinet (NYSE: FN) has appointed Darlene Knight to its Board of Directors and as a member of the Audit Committee. Knight brings extensive experience in multinational manufacturing, notably in the automotive sector with Adient and Johnson Controls. Her leadership is expected to enhance Fabrinet's strategic direction. Knight aims to contribute to the company’s advancements, leveraging her background from roles at General Motors and other leading firms in the manufacturing industry.
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