Johnson Controls To Boost Profit Margins With $8.1B Bosch Deal
Johnson Controls To Boost Profit Margins With $8.1B Bosch Deal
Johnson Controls International plc (NYSE:JCI) shares are trading higher after the company agreed to sell its Residential and Light Commercial (R&LC) HVAC business to the Bosch Group.
江森自控国际有限公司（NYSE:JCI）股票在公司同意将其住宅和轻型商业（R＆LC）空调业务出售给博世集团后交易价格上涨。
The total transaction is valued at $8.1 billion, with Johnson Controls' share of around $6.7 billion.
总交易价值为81亿美元，江森自控的占比约为67亿美元。
The transaction includes $4.6 billion for its North America Ducted business (16.7x fiscal 2023 EBITDA) and $2.1 billion for its stake in the Johnson Controls-Hitachi Air Conditioning joint venture (7.5x fiscal 2023 EBITDA) in which Johnson Controls holds a 60% stake, and Hitachi owns 40%.
本次交易包括46亿美元用于其北美风管业务（16.7倍2023财年EBITDA）和21亿美元用于其在江森自控-日立空调合资企业（7.5倍2023财年EBITDA）中所持有的股份（江森自控持有60％，日立拥有40％），“
Johnson Controls is projected to receive net cash proceeds of around $5.0 billion after taxes and transaction-related costs.
江森自控预计税后和交易相关成本后的净现金收入约为50亿美元。
Following its capital allocation policy, Johnson Controls plans to use the proceeds to reduce debt and maintain its investment-grade rating, with the remaining funds to be returned to shareholders.
按其资本分配政策，江森自控计划使用剩余资金还清债务并保持其投资级别评级，其余资金将返还给股东。
The transaction is anticipated to enhance profit margins once it is adjusted for the effects of equity income.
将权益收益的影响调整后，本次交易预计将提高利润率。
The transaction is anticipated to close in about 12 months, pending regulatory approvals and standard conditions, with the R&LC HVAC business to be reported as discontinued operations starting in Q4 2024.
预计本次交易将于约12个月内完成，待监管机构批准和达成标准条件，R＆LC HVAC业务将从2024年第四季度开始作为已中止业务报告。
As part of its ongoing transformation and this transaction, the company is developing a restructuring plan to minimize post-close dilution, leveraging recent functionalization efforts and focusing on strengthening its commercial buildings solutions business.
作为公司持续转变和本次交易的一部分，公司正在制定一项重组计划，以最小化收盘后的稀释，利用最近的部门化努力并专注于加强其商业建筑解决方案业务。
Johnson Controls expects third-quarter 2024 adjusted EPS to exceed its prior guidance slightly.
江森自控预计2024年第三季度调整后的每股收益将略高于之前的指导。
The company anticipates to report earnings on July 31.
该公司预计于7月31日公布财报。
Investors can gain exposure to the stock via First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) and Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ:CCSO).
投资者可以通过第一托管纳斯达克清洁边缘智能电网基金（NASDAQ:GRID）和碳集成气候解决方案美国股票ETF（NASDAQ:CCSO）获得该股的曝光。
Price Action: JCI shares are trading lower by 1.81% at $68.94 at the last check Tuesday.
截至本周二最后检查，JCI股票下跌1.81％至68.94美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本内容部分使用人工智能工具生成，并经Benzinga编辑审核发布。
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图像由Midjourney通过人工智能创建。