Trane is ready with commercial HVAC products that comply with the federal mandate that newly manufactured chillers for comfort heating and cooling, plus newly manufactured packaged and split-system ...
This story was originally published on Facilities Dive. To receive daily news and insights, subscribe to our free daily Facilities Dive newsletter. “Our commercial HVAC businesses are executing well … ...
Davidson, N.C. — Trane Technologies’ commercial heating, ventilating, and air-conditioning (HVAC) business announced a price increase ranging from 4-7.5% on select Trane applied and controls equipment ...
Trane Technologies’ stock surged over 7% on Feb. 1 as the market digested the narrow-moat firm’s strong fourth-quarter performance and 2024 guidance. Fourth-quarter organic sales increased 6% year ...
Free Cash Flow: $2.8 billion for 2024, with 109% free cash flow conversion. Organic Revenue Growth (Full Year 2024): 12%. Adjusted EPS Growth (Full Year 2024): 24%. Organic Bookings Growth (Full Year ...
Nov 1 (Reuters) - Trane Technologies reported third-quarter results that beat analysts' estimates and raised profit and revenue forecasts for the full year, underpinned by strong demand for heating ...
Oct 30 (Reuters) - Trane Technologies raised its full-year profit and revenue forecasts on Wednesday, anticipating strong demand for heating and air-conditioning systems from commercial builders. The ...
In early 2020, Ingersoll Rand spun off its industrial segment, which immediately merged with Gardner Denver. This new entity assumed the Ingersoll Rand name and stock ticker. Legacy Ingersoll Rand's ...
CEO David S. Regnery highlighted a robust quarter marked by “record bookings and revenues, a 90 basis point expansion in adjusted operating margins and 18% growth in adjusted EPS.” He pointed out that ...
Trane Technologies TT has had an impressive run over the past year, wherein the company’s shares have gained 56.6%, outperforming the 49.4% rally of the industry it belongs to and the 29.1% rise of ...