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.
On May 13, 2021, Johnson Controls (NYSE: JCI) announced the financing and operation of a 2 MW community solar garden in Pueblo, Colorado, in partnership with GRID Alternatives Colorado and Capital Dynamics. This project, part of six contracted initiatives, will provide renewable energy for 200 households, specifically targeting low-income residents. The community solar effort aims to reduce energy costs and offer job training opportunities, enhancing sustainability and public health in the area.
Johnson Controls International plc (NYSE: JCI) announced the successful acquisition of Silent-Aire, a leader in custom air handlers and modular data centers, on May 12, 2021. This strategic move is expected to enhance Johnson Controls' sustainable data center solutions portfolio and drive innovation. Silent-Aire's anticipated revenue for fiscal year 2021 is around $650 million, with a projected $0.07 to $0.09 increase in adjusted EPS for fiscal 2022. The acquisition aligns with Johnson Controls' goal of fostering rapid deployment of critical infrastructure in the data center market.
On May 11, 2021, Johnson Controls (NYSE: JCI) announced the appointment of Vijay Sankaran as vice president and chief technology officer. This role aims to enhance the OpenBlue digital platform and boost software engineering capabilities. Sankaran, previously at TD Ameritrade, is expected to leverage his extensive experience in technology transformation to strengthen customer solutions and market competitiveness. CEO George Oliver emphasized the significance of this appointment in addressing trends like sustainability and energy efficiency.
Johnson Controls (NYSE: JCI) will participate in the Goldman Sachs Industrials & Materials Conference 2021. The event is scheduled for May 13, 2021, at 10:30 a.m. EDT, featuring insights from CFO Olivier Leonetti. A live webcast will be accessible on their website.
Johnson Controls aims to enhance building environments and technology, having a workforce of 100,000 across 150 countries, establishing itself as a leader in smart and sustainable buildings.
Johnson Controls International plc (NYSE: JCI) reported Q2 2021 GAAP EPS of $0.48 and adjusted EPS of $0.52, a 24% increase year-over-year. Sales reached $5.6 billion, up 3% from the previous year, with adjusted net income rising 18% to $373 million. Highlights include a $250 million annualized savings target from COGS actions. The company also raised guidance for Q3 and full-year 2021, forecasting organic revenue growth of mid-teens for Q3 and adjusted EPS of $2.58 to $2.65 for the full year, representing 15-18% growth.
On April 22, 2021, Johnson Controls (NYSE: JCI) announced a global partnership with the International WELL Building Institute™ (IWBI™) to advance the WELL Building Standard™ for enhancing health and safety in buildings. Johnson Controls will establish a Healthy Buildings Center of Excellence and aims to achieve WELL Health-Safety Ratings at its headquarters in the USA and China by Q3 FY21. The company plans to support employees pursuing WELL AP credentials, fostering expertise in healthy building practices. This collaboration aims to promote sustainable, healthy environments.
Johnson Controls (NYSE: JCI) announced that Chairman and CEO George Oliver has been invited by President Joe Biden to participate in the virtual Leaders Summit on Climate. The summit aims to strengthen collective efforts against climate change ahead of the COP26 conference. Oliver emphasized the importance of a roadmap for limiting global temperature rise and highlighted the economic benefits of a lower-carbon economy. He will speak on April 23 about building roles in reducing emissions. Johnson Controls targets a 55% reduction in operational emissions by 2030 and is committed to sustainability.
Johnson Controls International (NYSE: JCI) will have Executive Vice President and CFO Olivier Leonetti speak at the Oppenheimer 16th Annual Industrial Growth Conference on May 4, 2021, at 9:00 a.m. EDT. A live webcast of the presentation will be available on their official website.
With over 135 years of innovation, Johnson Controls leads in smart and sustainable building solutions, catering to industries like healthcare, schools, and data centers.
On April 15, 2021, Johnson Controls (NYSE: JCI) introduced OpenBlue Buildings as a Service, a digital transformation initiative aimed at enhancing sustainability and operational efficiency in building management. Leveraging over 135 years of experience, this service allows building owners to transfer lifecycle risks, including design, energy efficiency, and maintenance, to Johnson Controls. With contracts exceeding $1 billion and remarkable results from partners like Children's of Alabama, which cut natural gas use by 69%, the initiative reflects a strong commitment to environmental stewardship, while improving total cost of occupancy.
Johnson Controls International (NYSE: JCI) will hold its Second Quarter Fiscal 2021 Earnings Conference Call on April 30, 2021, at 8:30 a.m. EDT. The event can be accessed through a live webcast or via telephone. The replay will be available until May 7, 2021. Johnson Controls, a leader in smart and sustainable building solutions, focuses on transforming environments for various sectors. The company boasts over 135 years of innovation and employs 100,000 experts worldwide, leveraging its extensive portfolio through the OpenBlue digital offering.