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 plc (NYSE: JCI) announced fiscal Q1 2021 results, reporting GAAP EPS of $0.45 and adjusted EPS of $0.43, an 8% increase year-over-year. Sales totaled $5.3 billion, down 4% due to the COVID-19 impact. Net income from continuing operations was $327 million, while adjusted net income rose 2% to $311 million. EBIT was $492 million, with an 9.2% margin. The company expects organic revenue growth and margin expansion in Q2 2021 and reiterated its commitment to sustainability initiatives.
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On January 28, 2021, Johnson Controls (NYSE: JCI) revealed survey results from over 800 building decision-makers indicating a significant shift towards investing in healthy building technologies. The surveys highlighted that 90% of firms are allocating resources to these initiatives, prompted by a growing concern for employee wellness and sustainability. Key findings include 80% of organizations prioritizing the health and safety of occupants and 76% focusing on energy efficiency investments. Johnson Controls aims to meet these demands through its OpenBlue technologies, enhancing operational value and sustainability goals.
Johnson Controls (NYSE: JCI) announced on January 19, 2021, that its CEO George Oliver has been appointed chair of the Energy & Environment Committee by the Business Roundtable. This committee aims to promote sustainable policies as the U.S. focuses on clean energy in the upcoming administration. Oliver emphasized the importance of collective business action in combating climate change and driving innovation. Johnson Controls, with 100,000 employees, is committed to sustainable practices, receiving an A- rating from CDP for its emissions efforts. The company also launched its inaugural green bond and supports U.N. sustainability principles.
Johnson Controls (NYSE: JCI) has been recognized as the "IoT Partner Ecosystem of the Year" at the 2021 IoT Breakthrough Awards, marking its third consecutive year of accolades. The company was honored for its OpenBlue digital platform and the establishment of its nine OpenBlue Innovation Centers worldwide, aimed at promoting sustainable building technologies. They have partnered with major organizations, including a recent collaboration with Microsoft to enhance building management through digital transformation.
Johnson Controls International plc (NYSE: JCI) announced its First Quarter Fiscal 2021 Earnings Conference Call scheduled for January 29, 2021, at 7:30 a.m. EST. Investors can access the call via live webcast or telephone, with a slide presentation available for download. A replay will be accessible post-event until February 6, 2021. Johnson Controls focuses on optimizing building performance across various sectors, employing approximately 100,000 experts globally.
Johnson Controls (NYSE: JCI) reported findings from surveys of over 800 building decision-makers revealing a significant shift toward investing in healthy building technologies. With 90% of firms allocating resources to these initiatives, key focus areas include employee health, energy efficiency, and sustainability. The surveys indicate that 80% of executives prioritize protecting occupant safety post-COVID. Additionally, 76% emphasize energy cost savings as vital, with 57% planning to achieve net-zero carbon in at least one facility within a decade. Johnson Controls has implemented over 3,000 energy-saving projects, achieving significant reductions in carbon emissions and cost savings.
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Johnson Controls International plc (NYSE: JCI) has declared a quarterly cash dividend of $0.26 per share, payable on January 15, 2021. Shareholders on record by the close of business on December 21, 2020 will receive this dividend. The company has a long-standing history of consecutive dividend payments since 1887, reflecting its commitment to returning value to shareholders.