Tag: George R. Oliver
Johnson Controls Q1 report reflects tough quarter
January 31, 2024Ken Showers, Managing Editor
CORK, Ireland—Johnson Controls International (JCI) cited a ransomware attack and economic slowdowns in China contributing to tough first quarter 2024 results.
From released documents Johnson Controls (JCI) revealed GAAP earnings per share (“EPS”) from continuing operations of $0.55. Excluding special items, adjusted EPS from continuing operations was $0.51. Sales in the quarter of $6.1 billion were flat compared to the prior year on an as reported basis and declined...
Johnson Controls and Tyco merger final
September 7, 2016SSN Staff
CORK, Ireland—Johnson Controls this week completed its merger with Tyco, marking a historic turning point for both companies.
By uniting Johnson Controls, a provider of building efficiency solutions, with Tyco, a provider of fire and security solutions, the new company offers a comprehensive portfolio of products, technologies and integrated solutions for the buildings and energy sectors.
"We are more than just two businesses that have come together—we are now one team uniquely...