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Johnson Controls raises 2025 profit forecast on sustained demand
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Johnson Controls raises 2025 profit forecast on sustained demand
May 26, 2025 2:41 AM

May 7 (Reuters) - Johnson Controls International ( JCI )

raised its 2025 profit forecast after beating second-quarter

expectations on Wednesday, helped by sustained demand from data

centers for its building and industrial equipment.

Data centers worldwide have enjoyed a boom in demand as

businesses increasingly invest in artificial intelligence

technology.

Johnson Controls ( JCI ) - which makes liquid cooling systems used

for IT equipment at data centers, as well as specialized

security and fire systems - has benefited from this trend.

The Cork, Ireland-based company now expects 2025 adjusted

profit per share of $3.60, the top end of its previous forecast

range of $3.50 to $3.60.

Excluding items, the company reported second-quarter profit

of 82 cents per share, compared with analysts' estimates of 79

cents per share, per data compiled by LSEG.

Total revenue for the quarter ended March 31 was $5.68

billion, up 1.4% from a year earlier. Analysts, on average, were

expecting revenue of $5.64 billion.

(Reporting by Aishwarya Jain in Bengaluru; Editing by Devika

Syamnath)

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