Earnings call briefFiscal fourth-quarter 2026
Johnson Controls International expects approximately $900 million capex
It also expects approximately $400 million of restructuring expense over fiscal 2027 and fiscal 2028, and approximately $600 million of gross annualized savings by fiscal 2029.
GetSignal Johnson Controls International JCI
Chief Financial Officer Marc Vandiepenbeeck said on the fiscal fourth-quarter call that the company anticipates closing the transaction for its intrusion business towards the end of the fiscal second quarter of 2027.
Johnson Controls International said the transaction will be slightly dilutive, by about $0.15 on an annualized basis once it closes. The annual revenue of that business is right around half a billion dollars.
Quotes from the call
“We expect approximately $900 million of capital expenditures in fiscal 2027.”
“We anticipate approximately $400 million of restructuring expense over fiscal 2027 and fiscal 2028 and expect approximately $600 million of gross annualized savings by fiscal 2029.”
Key facts from the call
- Expected fiscal 2027 capex
- approximately $900 million
- Expected restructuring expense, fiscal 2027 and fiscal 2028
- approximately $400 million
- Expected gross annualized savings by fiscal 2029
- approximately $600 million
- Expected close of intrusion business transaction
- towards the end of the fiscal second quarter of 2027
Source: Johnson Controls International's fiscal fourth-quarter 2026 earnings call, October 27, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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