Tag: Joakim Weidemanis
Johnson Controls raises FY2026 guidance following strong third-quarter performance
July 31, 2026SSN Staff
CORK, Ireland—Johnson Controls has reported strong fiscal third-quarter 2026 results, posting double-digit organic revenue growth, a sharp increase in orders and backlog, and raising its full-year earnings outlook.
The company reported third-quarter sales of $6.6 billion, up 9% from the prior-year period, while organic sales increased 10%. GAAP earnings per share were $1.23, and adjusted earnings per share reached $1.42.
Johnson Controls also reported strong demand across its business,...
Johnson Controls flags security services reset in Q2 2026
May 27, 2026Cory Harris, Editor
CORK, Ireland—Johnson Controls is taking a closer look at the performance of its security services segment, where results lagged other parts of the portfolio during the second quarter of 2026.
“Our service fundamentals remain solid, particularly in HVAC, where we continue to perform very well,” said CEO Joakim Weidemanis during a recent earnings call. “But it was offset in the quarter by weaker performance, particularly in security. We’re rebalancing...
Johnson Controls reports steady fire and security growth
February 12, 2026Ken Showers
CORK, Ireland — Johnson Controls reported low single-digit growth in its fire and security businesses during the first quarter, with leadership targeting tighter executive and improved operational performance as the company navigates largely unchanged market conditions.
Speaking during the Q&A portion of the earnings call, CEO & Director Joakim Weidemanis said the fire and security segments delivered modest growth but...
Johnson Controls powers ahead with discipline, and digital and AI approaches
December 3, 2025Cory Harris, Editor
CORK, Ireland—Johnson Controls delivered robust financial results for fiscal year 2025 while laying out the foundation for a transformation that blends operational discipline with cutting-edge technology.
Strong financial performance
The fourth quarter capped a year of consistent execution, company officials say. Organic revenue grew 4%, segment margin expanded 20 basis points to 18.8%, and adjusted EPS rose 14% year-over-year, exceeding guidance.
For the full year,...
Johnson Controls appoints Todd Grabowski to lead Americas segment
September 24, 2025SSN Staff
CORK, Ireland—Johnson Controls, a global provider for smart, healthy and sustainable buildings, announced the appointment of Todd Grabowski as president, Americas, effective Oct. 1, 2025.
Grabowski will be responsible for strategy and execution in the Americas, focused on driving organic growth through expanding market share and enhancing customer outcomes. He will report to CEO Joakim Weidemanis and serve as a member of the company's executive committee.
Grabowski...
Johnson Controls eyes growth in Fire and Security
August 6, 2025Cory Harris, Editor
CORK, Ireland—As Johnson Controls implements a new business system to drive overall long-term success, CEO Joakim Weidemanis recently told investors that he sees an opportunity to expand and grow the company’s Fire and Security segment.
Competitive landscape and product strategy
During the company’s Q3 conference call with investors, Weidemanis was asked about how the company can accelerate growth in Fire and Security, and how the segment can work together with...
Johnson Controls reports strong Q3 results; raises FY25 guidance
July 29, 2025SSN Staff
CORK, Ireland — Johnson Controls International plc has reported the results of its fiscal third quarter 2025 GAAP earnings per share (EPS) of $0.94. Adjusted EPS was $1.05.
Sales in the quarter of $6.1 billion increased 3% over the prior year on an as reported basis and 6% organically. GAAP income from continuing operations was $618 million. Adjusted income from continuing operations was $693 million.
“As we celebrate 140 years of innovation and customer commitment, our strong...
Johnson Controls appoints Chris Scalia as EVP and CHRO
July 15, 2025SSN Staff
CORK, Ireland—Johnson Controls, a global provider for smart, healthy and sustainable buildings, has announced the appointment of Chris Scalia as executive vice president (EVP) and chief human resources officer (CHRO).
Scalia will report to CEO Joakim Weidemanis and serve as a member of the company's executive committee.
Scalia joins Johnson Controls after two decades of experience at The Hershey Company, where he most recently served in dual roles as chief human resources officer...
Johnson Controls CEO says company is ‘more focused’
May 12, 2025Cory Harris, Editor
CORK, Ireland—Just two months into his new role as Johnson Controls CEO, Joakim Weidemanis seized the opportunity during the company’s recent Q2 2025 earnings call to share his vision on how the company will “accelerate value creation,” including by restructuring.
Reflecting on his first two months as CEO, Weidemanis, who succeeded long-time CEO George Oliver on March 12, outlined Johnson Controls’ “considerable” strengths, including its “impressive”...
Johnson Controls shows ‘great momentum and a clear focus’ in Q1, Oliver says
February 12, 2025Cory Harris, Editor
CORK, Ireland—With a leadership change on the horizon, Johnson Controls International (JCI) reported strong numbers in fiscal Q1 2025, which certainly pleased outgoing Chairman and CEO George Oliver.
Sales in the quarter of $5.4 billion increased 4% over the prior year on an as reported basis and 10% organically. Q1 Generally Accepted Accounting Principles (GAAP) earnings per share (EPS) were $0.55, with an adjusted EPS of $0.64.
"Johnson Controls is starting...