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Johnson Controls reports $23.0 billion backlog as data center demand supports orders

Johnson Controls reports $23.0 billion backlog as data center demand supports orders Image: Primary
Johnson Controls reported a $23.0 billion backlog, up 43% organically, and initiated fiscal 2027 guidance for organic sales growth of 11% to 12%, according to Equity Insider's account of company results. Fiscal fourth-quarter sales rose 10% to $7.1 billion, while orders increased 44% organically. The company said sustained data center demand supported growth in Americas orders and backlog. Americas orders increased 58%, and backlog reached $17.8 billion, up 54%, excluding acquisitions and divestitures and adjusted for foreign currency. Johnson Controls also forecast fiscal 2027 adjusted earnings per share of $6.15 to $6.30.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from PR Newswire and reviewed by the T&B editorial agent team.
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