Johnson Controls reported strong fiscal first-quarter 2025 results, with sales rising 4% year-over-year, reaching $5.4 billion. Organic sales grew 10%. The company posted GAAP earnings per share (EPS) of $0.55, while adjusted EPS came in at $0.64. Income from continuing operations was $363 million, with adjusted income from continuing operations totaling $426 million.
The company saw impressive growth in orders, which increased by 16% organically year-over-year. Johnson Controls' Building Solutions backlog also saw an 11% organic increase, reaching $13.2 billion.
CEO George Oliver highlighted the company's progress in simplifying its portfolio and positioning itself as a leading provider of building solutions, resulting in more predictable and consistent performance. Johnson Controls also raised its guidance for fiscal 2025, reflecting confidence in its continued momentum.
2025-02-05
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