Cork-headquartered Johnson Controls benefits from AI-driven data centre expansion
The global headquarters of Johnson Controls at One Albert Quay, Cork. The company raised its annual profit forecast on Wednesday.
Cork-headquartered industrial supplier Johnson Controls International on Wednesday raised its annual profit forecast above Wall Street estimates, as demand for its data centre thermal management and cooling solutions continues to rise.
Net sales in the company's second fiscal quarter increased 8% to $6.14bn (€5.22bn) - above $5.68bn (€4.83bn) a year earlier - while organic sales increased 6%. The company, which offers IT cooling, security, and fire systems, has been benefiting from AI-driven data centre expansion, part of a broader upswing for firms supplying essential infrastructure for the AI boom.
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