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)