Accelerating growth

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Carrier Global Corporation (CARR) Annual Global Transportation & Industrials Conference Call Transcript
Seeking Alphaยท 2025-05-20 17:36
Core Insights - Carrier Global Corporation successfully met its previous growth targets, achieving a 100 basis point margin increase and a 15% growth in EPS, exceeding the initial 10% target [3] - The company reported cash flow equal to net income, aligning with its financial goals [3] - The focus of the recent Investor Day was on accelerating growth, with a target growth rate of 6% to 8% per year, although the actual growth was recorded at 4% [4] Financial Performance - The company aimed for a 50 basis point margin increase per year but achieved a 100 basis point increase [3] - EPS growth was targeted at 10% annually, with actual growth reaching 15% [3] - Cash flow was successfully aligned with net income, indicating strong financial health [3] Growth Strategy - The primary focus of the Investor Day was on strategies to accelerate growth, addressing the gap between targeted and actual growth rates [4] - The company expressed a conservative outlook on market growth, estimating low single-digit growth globally [4]