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Johnson Controls Announces New CEO and Strong Q1 Results

The latest announcement is out from Johnson Controls ( ($JCI) ).

On February 5, 2025, Johnson Controls announced the appointment of Joakim Weidemanis as the new CEO, effective March 12, 2025. The company also reported strong fiscal first quarter 2025 results with a 4% increase in sales to $5.4 billion and a 10% rise in organic sales. This performance reflects their strategy to streamline their portfolio and strengthen their position as a leading building solutions provider, contributing to a more predictable performance and delivering value to stakeholders.

More about Johnson Controls

Johnson Controls International plc is a global leader in smart, healthy, and sustainable building solutions. The company focuses on providing innovative solutions for building efficiency and security, serving a wide range of customers across various sectors.

YTD Price Performance: -2.10%

Average Trading Volume: 3,747,415

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $50.83B

For an in-depth examination of JCI stock, go to TipRanks’ Stock Analysis page.

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