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.
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.
Johnson Controls (NYSE: JCI) has secured a $91 million contract with the U.S. General Services Administration (GSA) to enhance the energy efficiency of significant federal buildings as part of the National Deep Energy Retrofit (NDER) program. The project aims for net zero energy consumption and will affect iconic sites like the Ronald Reagan Building and the Eisenhower Executive Office Building. Construction is set to commence on May 1, 2021, with expected energy savings of over 42% and water savings of 50% from combined measures.
Johnson Controls (JCI) announced an agreement to acquire Silent-Aire for up to $870 million. The deal includes approximately $630 million upfront, with additional payments based on performance milestones. Silent-Aire, a leader in data center cooling solutions, expects $650 million in revenue for fiscal year 2021. This acquisition aims to enhance Johnson Controls' presence in the data center market, aligning with its growth strategies. The transaction is projected to close in fiscal Q3 2021 and is expected to add $0.07 to $0.09 to adjusted EPS in fiscal 2022.
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Johnson Controls (NYSE: JCI) announced that the Science Based Targets Initiative (SBTi) has approved its greenhouse gas emissions reduction targets, aligning with the Paris Agreement's goals. The company aims to reduce operational emissions by 55% and customer emissions by 16% by 2030. The SBTi validation reinforces Johnson Controls’ strategy for sustainability and its commitment to net-zero emissions. The OpenBlue platform will play a key role in achieving these objectives, promoting healthier environments. Johnson Controls has also joined the Business Ambition for 1.5°C campaign and is committed to reaching net-zero carbon emissions by 2040.
Essence SmartCare has partnered with ADT Security Australia to introduce the Care@Home Enhanced Telecare Services Platform. This initiative aims to expand ADT’s Health and Wellness services targeting the growing senior population in Australia, projected to increase from 33% to 55% for those over 75 in the next 30 years. The Care@Home solution, leveraging advanced technology and AI, promises improved senior care through continuous monitoring and real-time communication. The home care service sector in Australia is estimated to generate annual revenues of approximately $4.5 billion AUD.
Johnson Controls International plc (NYSE: JCI) has announced an increase in its annual cash dividend to $1.08 per share from $1.04, effective from the fiscal second quarter, with a payout ratio of approximately 42%. This dividend payment of $0.27 per share is scheduled for April 16, 2021. Additionally, the company has raised its share repurchase authorization by $4 billion, supplementing the $2 billion remaining from a previous authorization. This strategic move highlights the company's strong balance sheet and ongoing commitment to return capital to shareholders.
Johnson Controls International (NYSE: JCI) will present at the JP Morgan Industrials Conference on March 15, 2021, at 10:30 a.m. EST. Chairman and CEO George Oliver and CFO Olivier Leonetti will participate, with a live webcast available on the company’s website. Johnson Controls enhances environments in various sectors, including healthcare and education, leveraging over 130 years of innovation. For more details, visit www.johnsoncontrols.com.
Johnson Controls (NYSE:JCI) has been recognized by Ethisphere as one of the 2021 World's Most Ethical Companies, marking the 14th time it has received this honor. The award highlights the company's commitment to ethical business practices and compliance programs, essential for maintaining stakeholder trust. Johnson Controls stands out as one of only nine honorees in its industry category. CEO George Oliver emphasized that integrity drives both employee engagement and overall business performance, reinforcing their mission for healthy environments globally.
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