Carrier (CARR)

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Carrier Named One of America's Climate Leaders by USA Today for Second Year in a Row
Prnewswire· 2025-04-22 13:59
Core Insights - Carrier Global Corporation has been recognized as one of 'America's Climate Leaders' by USA Today for its significant efforts in reducing greenhouse gas emissions [1][2] - The recognition is based on a ranking that evaluated U.S. companies for the greatest reduction in emissions intensity from 2021 to 2023, measured by greenhouse gas emissions relative to revenue [2] Company Commitment - Carrier is focused on innovation in sustainable HVAC, cold chain, and energy management solutions, emphasizing its commitment to sustainability for future generations [2] - The company aims to enhance optimization, system integration, and grid resilience, which not only supports sustainability goals but also helps reduce energy costs for households and businesses [3] Industry Position - As the largest U.S.-headquartered company in the HVAC and refrigeration industry, Carrier plays a pivotal role in driving progress within the built environment [3]
Carrier Global Corporation (CARR) Bank of America Global Industrials Conference (Transcript)
Seeking Alpha· 2025-03-20 23:31
Group 1 - Carrier Global Corporation participated in the Bank of America Global Industrials Conference, highlighting its significant presence and engagement in the industry [1][2] - The company showcased its strong performance at the ISH Show in Frankfurt, attracting over 100,000 visitors to its booth, indicating robust interest in its offerings [3] - Carrier's vision is to be the global leader in intelligent climate energy solutions, emphasizing its commitment to sustainability and innovation in energy solutions [4]
Carrier Launches Lynx FacTOR: Automating Pharmaceutical Product Release Evaluations for Improved Speed and Accuracy
Prnewswire· 2025-03-18 13:00
Core Insights - Carrier Global Corporation has launched Lynx FacTOR, a SaaS solution aimed at transforming product release processes in the pharmaceutical industry, focusing on automation and regulatory compliance [1][3][4] Industry Challenges - Pharmaceutical companies face significant challenges in maintaining product integrity during distribution, including manual processes, costly delays, and strict compliance requirements, which can lead to inefficiencies costing millions annually [2][3] Solution Features - Lynx FacTOR provides a single source of truth throughout the pharmaceutical distribution lifecycle, automating product viability evaluations and reducing assessment times from days to minutes, thereby enhancing decision-making and compliance [3][5] - The solution streamlines the product stability assessment process, improves regulatory compliance, and enhances accuracy across the supply chain [7] Operational Benefits - By digitizing workflows and automating complex analyses, Lynx FacTOR accelerates the distribution of critical medicines and improves overall operational efficiency [5][6] - The solution enables real-time insights and informed decision-making, minimizing risks associated with product viability and stability [7] Availability - Lynx FacTOR is available as a subscription through Sensitech, a Carrier company, and will be showcased at LogiPharma 2025 in Lyon, France [6]
Carrier Unveils Its First Environmental Product Declaration for Residential HVAC Systems in North America
Prnewswire· 2025-03-12 13:00
Core Insights - Carrier has launched its first Environmental Product Declaration (EPD) for residential HVAC solutions in North America, emphasizing its commitment to sustainability and transparency in environmental performance [1][3] - The EPD is based on a rigorous life cycle assessment (LCA) methodology, detailing the environmental impacts of Carrier's Comfort™ Fan Coil and Performance™ Variable-Speed Compact Heat Pump, including metrics on carbon dioxide performance, energy consumption, and natural resource usage [2][3] - Carrier aims to invest $4 billion in innovative climate and energy solutions to reduce environmental impacts and help customers avoid over 1 gigaton of greenhouse gas emissions by 2030 [3] Company Initiatives - The publication of the EPD aligns with Carrier's strategy to meet increasing consumer demand for environmentally conscious HVAC products, providing detailed environmental impact information to empower customers [4] - Carrier has been recognized as a Green Builder Media 2024 Eco-Leader for its sustainability transparency, having published 48 EPDs for HVAC products globally [4] Industry Context - The EPD follows established international standards, including ISO 14025, enhancing the credibility and consistency of the environmental data provided [3] - The initiative supports green building efforts and reflects a broader trend in the HVAC industry towards sustainability and responsible environmental practices [4]
Carrier to Present at the Bank of America Global Industrials Conference
Prnewswire· 2025-03-07 14:00
Group 1 - Carrier Global Corporation will participate in the Bank of America Global Industrials Conference on March 20, 2025, at 4:50 a.m. ET [1] - The event will feature Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris as speakers [1] - The conference will be broadcast live and a replay will be available on the company's website [1] Group 2 - Carrier Global Corporation is a global leader in intelligent climate and energy solutions [2] - The company is committed to creating impactful solutions for people and the planet for future generations [2] - Carrier has a diverse workforce focused on customer-centric innovation and technology development [2]
Carrier and Google Cloud Join Forces to Strengthen Grid Resilience with AI-Powered Home Energy Management Systems
Prnewswire· 2025-03-05 13:15
Core Insights - Carrier Global Corporation and Google Cloud are collaborating to enhance grid flexibility and support smarter energy management through an integrated Home Energy Management System (HEMS) that utilizes AI tools and WeatherNext AI models [1][2][3] Group 1: Partnership Overview - The initiative is led by Carrier Energy, integrating battery-enabled HVAC technology with Google Cloud's AI-powered analytics [2] - The collaboration aims to create intelligent, connected solutions for residential HVAC energy customers, optimizing energy usage and costs [2][3] Group 2: Market Context - Rising electricity demand in the U.S. due to factors like onshoring, electrification of transport, and AI adoption presents both opportunities and challenges for utilities and consumers [3] - The partnership seeks to balance supply and demand across the grid, allowing homeowners to store energy in batteries for use during peak demand periods [3] Group 3: Environmental Goals - The initiative supports Google's ambition for carbon-free energy solutions and Carrier's goal to help customers avoid over one gigaton of greenhouse gas emissions by 2030 [4] - The collaboration aims to unlock capacity and grid expansion in U.S. markets, contributing to a more sustainable energy ecosystem [4][6] Group 4: Technological Integration - Carrier's next-generation heat pump will feature battery storage and intelligent energy forecasting, enhancing energy efficiency and reducing demand peaks [5] - The integration of Carrier's HEMS technology with Google Cloud's AI tools will enable real-time energy flow management based on grid conditions and weather forecasts [5][6] Group 5: Future Outlook - The project will be rolled out in phases through 2027, focusing on scaling nationwide adoption thereafter [5] - The collaboration is positioned to create a smarter, more resilient energy future, benefiting homeowners and supporting the next generation of technology infrastructure [8]
Carrier to Host 2025 Investor Day
Prnewswire· 2025-02-21 14:00
Core Insights - Carrier Global Corporation will host its 2025 Investor Day on May 19, 2025, in New York City, where the leadership team will discuss strategic priorities [1] - The event will begin at 8:30 a.m. ET and will be available for live streaming on the company's investor relations website [2] - Carrier is recognized as a global leader in intelligent climate and energy solutions, focusing on creating impactful solutions for people and the planet [3] Event Details - The Investor Day will feature presentations from Chairman & CEO David Gitlin and other leadership team members [1] - A live webcast of the event will be accessible on the day, with a replay available afterward [2] Company Overview - Carrier Global Corporation is committed to innovation and has a diverse workforce that prioritizes customer needs [3] - The company has a history of leading in technology and industry development [3]
Carrier Global Corporation (CARR) Barclays 42nd Annual Industrial Select Conference (Transcript)
Seeking Alpha· 2025-02-20 18:58
Core Viewpoint - Carrier Global Corporation is experiencing strong order growth, with expectations for continued demand in the commercial HVAC sector and a positive outlook for recovery in certain regions [2]. Group 1: Orders Growth - The company reported a full-year orders growth in the low teens percentage range last year [2]. - Expectations for double-digit growth in global commercial HVAC across all regions [2]. - Aftermarket orders are also anticipated to grow in double digits [2]. Group 2: Regional Performance - Residential and light commercial segments in Europe and Asia saw significant declines last year but are expected to stabilize this year [2]. - Guidance for mid-single-digit growth this year, with potential for recovery in the affected regions [2]. - Long-term growth expectations remain strong, with a target growth algorithm of 6% to 8% once recovery occurs [2].
Carrier to Present at Citi's 2025 Global Industrial Tech and Mobility Conference
Prnewswire· 2025-02-13 13:35
Core Insights - Carrier Global Corporation will have its Chairman & CEO David Gitlin speak at Citi's 2025 Global Industrial Tech and Mobility Conference on February 20, 2025 [1] - The event will be broadcast live and a replay will be available on the company's website [1] Company Overview - Carrier Global Corporation is a global leader in intelligent climate and energy solutions, focusing on creating impactful solutions for people and the planet [2] - The company has a history of leading in technology innovation and industry creation, supported by a diverse workforce that prioritizes customer needs [2]
Carrier (CARR) - 2024 Q4 - Earnings Call Presentation
2025-02-11 16:46
15.8% +180 bps Y/Y Adjusted EPS1 $2.56 +16% Y/Y Adjusted Operating Profit1 Sales $22,486M Organic1 +3% Y/Y Adjusted Operating Margin1 February 11, 2025 2024 Summary Paid down debt – back to ~2x net leverage Highlights >$2.6B returned to shareholders through dividends and repurchases Strong results while successfully completing game-changing portfolio transformation 1. See appendix for additional information regarding non-GAAP measures 2. Excludes NORESCO Carrier orders up low-teens, commercial HVAC backlog ...