Skip to Content

Tag: Olivier Leonetti


Johnson Controls strong Q2 performance punctuated with a dedication to sustainability

Commercial

Johnson Controls' strong Q2 performance punctuated with a dedication to sustainability

May 8, 2023Ken Showers, Managing Editor

CORK, Ireland – Johnson Controls builds on its solid Q1 performance and finishes the second fiscal quarter 2023 with numbers exceeding guidance. At a glance the highlights show Johnson Controls with Q2 reported sales of +10% versus the prior year; +13% organically. A Q2 GAAP EPS of $0.19; Adjusted EPS of $0.75, up 19% versus prior year. Their Q2 orders are +8% organically year-over-year, and a record backlog of $11.7 billion, increased 9% organically year-over-year. CEO George...

2023, Artificial Intelligence (AI), backlog, decarbonization, George Oliver, infrastructure, Johnson Controls (JCI), margin expansion, Olivier Leonetti, OpenBlue, Second Quarter (Q2), smart buildings, Sustainability


Read Full Articlered right arrow icon

Johnson Controls Q1 results “Solid”, growth in service based businesses

Commercial

Johnson Controls Q1 results “Solid,” growth in service-based businesses

February 1, 2023Ken Showers, Managing Editor

CORK, Ireland – Johnson Controls is off to a strong start in the initial quarter of 2023 according to its first earnings call of the year on Feb. 1. The company highlighted a strong performance in its service orders, EBIT Margin Expansion, and adjusted EPS growth. At a glance the company achieved a 9 percent increase in organic sales growth, with sales in the quarter of $6.1 billion increased 4 percent over the prior year. The company showed an EBIT of $237 million with...

2023, Earnings Call, EBIT, fire and security, HVAC, Hybrid Energy, industrial heat pump, John Oliver, Johnson Controls (JCI), Olivier Leonetti, recurring revenue, service-based businesses, supply chain


Read Full Articlered right arrow icon