Johnson Controls Forecasts 11% to 12% Organic Growth for Fiscal 2027

Johnson Controls forecast 11% to 12% organic sales growth in fiscal 2027 and about $900 million in capital spending, outlining expansion plans after a sharp increase in orders and backlog. The company’s outlook also calls for adjusted earnings of $6.15 to $6.30 per share. CEO Joakim Weidemanis said on the Oct. 27 earnings call, “We expect approximately $900 million of capital expenditures in fiscal 2027.” He said the spending is intended to expand capacity and improve lead times, delivery and quality. Fourth-quarter orders climbed 44% organically year over year.

Source: TokenPost