Latest news with #JCI
Borneo Post
a day ago
- Entertainment
- Borneo Post
Embrace 3.0 returns to Kuching, celebrating community, compassion for animals
Yap (third left) joins (from right) Sim, Chia and Yeo in promoting the 'Embrace Programme 3.0', to take place at Tropics City in Kuching next month. KUCHING (June 20): The third edition of the 'Embrace Programme', run by the Padawan Chapter of Junior Chamber International (JCI), will highlight youths, community, and animal lovers. Taking place at Tropics City here this July 4 to 6, the programme is a collaborative effort with the Sarawak Society for the Prevention of Cruelty to Animals (SSPCA) and B.E.E Hive Events. According to the deputy organising head Martiana Chia, with a continued mission of building a more compassionate and empowered community, the programme will feature a free rabies vaccination 'drive-thru', pet adoption booths, pet fashion show, baby goat mini-farm, live performances, and eco-conscious workshops such as soap-making and natural fabric dyeing. 'We are honoured to partner with SSPCA and The Hive Event by Bee Gastronomy for Embrace Programme 3.0. Over the past two editions, we've witnessed how this programme has opened doors for youth development and community impact. 'We are calling for more vendors to join us in creating an engaging experience for the public,' she said in a press conference held at the Kota Sentosa Service Centre here recently. Among those present were Kota Sentosa assemblyman Wilfred Yap, JCI Padawan president Alaric Sim, and The Hive Event by Bee Gastronomy representative Joanne Yeo. Sim meanwhile highlighted the programme as being aligned with JCI's core values and also Sarawak's development goals. 'Building the community is what JCI is about. We cultivate youth leadership by giving young people the opportunities to channel their creativity and energy into impactful causes. 'Embrace supports Sarawak's goals of prosperity, inclusivity and sustainability by creating income opportunities for vendors, welcoming every member of the family including pets, and hosting eco-friendly workshops.' As for Yap, he encouraged the public to visit the event, support local talents, and be inspired by the creativity and energy of the youths. 'The Embrace programme is a shining example of what happens when we invest in our young people and give them the platform that they deserve. 'Let us continue to support such positive initiatives for the betterment of our community and the future of Sarawak,' he said. For more information, follow @ @jcipadawan, and @sspca on major social media platforms.
Zawya
a day ago
- Business
- Zawya
Jordan: Ministry of Transport, JCI discuss ways to sustain exports
AMMAN — Minister of Transport Wissam Tahtamouni on Wednesday met with President of the Jordan Chamber of Industry (JCI) Fathi Jaghbir over ways to ensure the sustainability of Jordanian exports to foreign markets in light of the emerging regional conditions by providing appropriate logistical alternatives. The meeting, attended by several stakeholders, was held as part of the national framework to enhance economic readiness to face any developments that might affect the flow of goods and movement of foreign trade, the Jordan News Agency, Petra, reported. During the meeting, Tahtamouni stressed keenness of the ministry and its affiliated bodies to provide all forms of support and assistance to the industrial sector, which is a "key" pillar of the national economy. She stressed that the ministry's priority is to promote the flow of exports, especially in emergency and crisis situations. Jaghbir praised the efforts of the ministry in supporting national industries, stressing the importance of the "continuous" partnership between the public and private sectors to ensure the continuation of exports and overcome challenges related to transportation and supply chains. He said that the industrial sector has been and is still one of the "most prominent" supporters of the national economy, and that national exports today represent one of the "main" pillars in enhancing the balance of payments and providing job opportunities. Jaghbir said that the sector requires a 'flexible and safe' transport environment capable of facing any emergency. He added that the current regional conditions necessitate "alternative and proactive" plans that ensure the sustainable access of Jordanian products to other markets. Jaghbir expressed hope that the ministry will continue to support the sector through facilitating procedures and providing alternative routes when needed. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Business Insider
7 days ago
- Business
- Business Insider
Johnson Controls announces $9B increase to share repurchase program
The board of directors of Johnson Controls (JCI) has approved a $9B share repurchase authorization, adding to the $1.1B remaining as of the end of the second fiscal quarter under the share repurchase authorization previously approved in 2021. In implementing share repurchases, Johnson Controls may purchase shares in the open market or through a variety of methods as permitted by applicable securities laws and other legal requirements, including through the use of a Rule 10b5-1 plan, a tender offer or an accelerated share repurchase program or any combination of the foregoing. There exists no obligation under the share repurchase authorization to repurchase any particular amount of shares within any timeframe, and the manner, timing and amount of any purchase will be determined subject to an evaluation of the price of Johnson Controls' shares, general market conditions and other factors. Johnson Controls' authorization to repurchase shares does not have a set expiration date and may be amended, suspended or terminated at any time at Johnson Controls' discretion without prior notice. Johnson Controls currently expects to effect repurchases as redemptions pursuant to Article 3(d) of its Articles of Association.
Borneo Post
7 days ago
- General
- Borneo Post
JCI Padawan all geared up for three major community projects in 2025
Yap (second left) joins Sim, on his left, in a photo-call with JCI Padawan executive vice-president Gary Ong (left) and secretary Sasha Kho at Kota Sentosa service centre. KUCHING (June 14): The Padawan chapter of Junior Chamber International (JCI) Padawan is all set for the implementation of three community-impact projects this year. Leading the activities will be the Embrace Programme 3.0, scheduled for this July 4-6 at the Tropics City Enrichment Hub here, run in collaboration with BEE Gastronomy Group and Sarawak Society for Prevention of Cruelty to Animals (SSPCA) Kuching. 'The programme will feature a free rabies vaccination drive, carried out in partnership with the Department of Veterinary Services (DVS); campaigns on animal awareness and responsible pet ownership; a pet fashion show; a vendors' market; interactive workshops; and also mural painting,' said JCI Padawan in a statement, issued in connection with a recent courtesy call on Kota Sentosa assemblyman Wilfred Yap at the state constituency's service centre at GalaCity here. The JCI Padawan delegation, led by its president Alaric Sim, extended an official invitation to Yap to attend the Embrace 3.0's opening ceremony on July 5. In addition, there would be two other meaningful projects up for implementation. 'The programmes will involve the Trinity Elderly Care Centre, and the mental institution at Kota Sentosa. 'These initiatives are currently in development, with the dates to be confirmed soon. 'Our current focus remains on the successful execution of Embrace 3.0,' said JCI Padawan, also extending its appreciation to Yap for his continued encouragement and dedication to youths and community development in Kota Sentosa. For further updates, follow @ on Instagram. community-impact projects JCI Padawan lead
Yahoo
11-06-2025
- Business
- Yahoo
JCI Q1 Earnings Call: New Leadership Emphasizes Operational Efficiency and Strategic Refocus
Building operations company Johnson Controls (NYSE:JCI) reported Q1 CY2025 results beating Wall Street's revenue expectations , with sales up 1.4% year on year to $5.68 billion. On top of that, next quarter's revenue guidance ($6.19 billion at the midpoint) was surprisingly good and 4.3% above what analysts were expecting. Its non-GAAP profit of $0.82 per share was 2.6% above analysts' consensus estimates. Is now the time to buy JCI? Find out in our full research report (it's free). Revenue: $5.68 billion vs analyst estimates of $5.64 billion (1.4% year-on-year growth, 0.7% beat) Adjusted EPS: $0.82 vs analyst estimates of $0.80 (2.6% beat) Revenue Guidance for Q2 CY2025 is $6.19 billion at the midpoint, above analyst estimates of $5.94 billion Management reiterated its full-year Adjusted EPS guidance of $3.55 at the midpoint Operating Margin: 10.2%, up from -6.8% in the same quarter last year Organic Revenue rose 7% year on year (1.1% in the same quarter last year) Market Capitalization: $67.71 billion Johnson Controls' first quarter results were shaped by steady demand across its building solutions and applied HVAC businesses, underpinned by a sharp focus on operational execution. CEO Joakim Weidemanis, in his first earnings call since taking the helm, highlighted broad-based organic sales growth and margin expansion, attributing these gains to improved productivity, streamlined processes, and continued strength in service offerings. Weidemanis noted, 'Our record backlog and momentum in our recurring businesses continue to demonstrate broad-based and sustained demand for our differentiated solutions.' The company also reported enhanced working capital management and strong free cash flow, reflecting its ongoing efforts to deliver more predictable and consistent performance. Looking forward, Johnson Controls' leadership signaled that the company's outlook is anchored by its record backlog, ongoing operational improvements, and a shift toward a more customer-centric organizational model. Weidemanis stated, 'We are building on a solid foundation, and I believe with more relentless focus on customers across our organization as well as on lean-enabled execution fundamentals, we will be able to drive accelerated value creation.' Management also cautioned that navigating tariffs and global uncertainties remains a challenge, but the company plans to leverage its long-cycle business structure, pricing strategies, and supply chain adjustments to mitigate potential impacts. Strategic priorities now include implementing lean methodologies and reassessing portfolio optimization for higher returns. Management attributed quarterly growth to robust backlog expansion, operational efficiencies, and a reorganization designed to enhance customer focus and agility. Backlog Expansion: The company reported a 12% increase in its order backlog, reaching $14 billion, driven by strong demand for its YORK HVAC systems and Metasys building automation platform. This provides multi-quarter revenue visibility and underpins management's confidence in future performance. Operational Efficiencies: Margin improvements were supported by leaner operations, SKU reduction efforts, and an emphasis on waste elimination. Management described initiatives to simplify product offerings and optimize manufacturing and supply chain processes, aiming to unlock further cost savings. Segment Reorganization: Johnson Controls transitioned to three geographically focused reporting segments, supported by global centers of functional excellence. This new structure is intended to foster customer intimacy, accelerate innovation, and clarify roles across the organization. Service and Applied HVAC Growth: The service business continued to post high-single-digit organic growth, with especially strong performance in North America and Asia Pacific. Applied HVAC, which serves large infrastructure projects such as data centers, delivered more than 20% growth, reflecting both volume increases and product differentiation. Tariff and Supply Chain Adaptation: Management acknowledged the challenge posed by new tariffs and outlined mitigation strategies, such as localizing supply chains, accelerating pricing actions, and enforcing contractual protections to minimize financial impact. Management expects future growth to be shaped by lean operational initiatives, robust backlog execution, and proactive responses to external headwinds. Lean Transformation Initiatives: CEO Joakim Weidemanis emphasized the rollout of lean business practices across operations, starting with targeted value streams and SKU rationalization. These efforts are expected to yield further productivity improvements and margin enhancement over time, though management noted the scale and complexity of the organization may delay full impact. Portfolio Optimization and Customer Focus: The company is reassessing its portfolio, including fire and security offerings, for higher returns and strategic alignment. Management is prioritizing customer-centricity and data-driven decision making, with ongoing evaluation of which business areas and geographies offer the best opportunities for value creation. Tariff and Inflation Risk Management: Johnson Controls is actively adjusting its pricing models and contractual terms to address inflation and tariff risks. The company's long-cycle business model and recurring service contracts provide some stability, but management cautioned that passing through higher costs may temporarily dampen margin expansion. In the coming quarters, the StockStory team will be watching (1) the pace and effectiveness of lean transformation efforts across product and field operations, (2) whether backlog conversion and service attachment rates improve under the new organizational structure, and (3) how successfully Johnson Controls mitigates tariff and inflationary pressures through pricing and supply chain strategies. Progress in portfolio optimization and clarity on capital allocation priorities will also be key signposts for future performance. Johnson Controls currently trades at a forward P/E ratio of 26.7×. Is the company at an inflection point that warrants a buy or sell? The answer lies in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
