Workflow
Climate and Energy Solutions
icon
Search documents
Carrier Second Quarter 2025 Earnings Advisory
Prnewswire· 2025-07-08 20:15
Core Viewpoint - Carrier Global Corporation, a leader in intelligent climate and energy solutions, is set to release its second quarter 2025 earnings on July 29, 2025, and will host a conference call and webcast at 7:30 a.m. ET [1]. Company Overview - Carrier Global Corporation is recognized for its commitment to innovations that enhance comfort, safety, and sustainability [3]. - The company has a history of advancements in climate solutions, including temperature control, air quality, and transportation, which contribute to improving lives and empowering critical industries [3]. - Since its inception in 1902, Carrier has focused on enhancing the quality of life and the environment through its products and services [3]. - The company prides itself on having a world-class, inclusive workforce that prioritizes customer satisfaction [3].
Carrier Hosts 2025 Investor Day to Showcase Transformed Portfolio and Focused Strategy for Growth and Significant Value Creation
Prnewswire· 2025-05-19 10:30
Core Viewpoint - Carrier Global Corporation is focused on accelerating growth through a transformed portfolio and strategic initiatives aimed at enhancing shareholder value [2][6]. Company Strategy - The leadership team emphasizes a simplified, focused, and balanced portfolio that supports organic growth and margin expansion [2][6]. - The company aims for a medium-term financial framework that targets 6-8% organic sales growth, over 50 basis points of adjusted operating margin expansion, and mid-teens adjusted EPS growth [6][7]. Financial Performance - Carrier has a proven track record of expanding adjusted operating margins, generating strong free cash flow, and increasing adjusted EPS growth [2]. - The company has approximately $15 billion available for capital deployment over the medium-term to enhance shareholder value [6]. Investor Engagement - Carrier is hosting its 2025 Investor Day to share its growth strategies and financial framework with investors [1][3]. - The event is being webcast live, indicating a commitment to transparency and investor communication [1]. Portfolio Transformation - As part of its transformation, Carrier revised its reportable segments to better align with its business strategy and improve management reporting [10]. - The adjusted operating profit measure now excludes restructuring costs and amortization of acquired intangible assets, enhancing clarity for investors [10]. Non-GAAP Financial Measures - Carrier utilizes non-GAAP financial measures such as organic sales, adjusted operating profit, and free cash flow to provide additional insights into its financial performance [12][14]. - These measures are intended to supplement GAAP results and offer a clearer picture of the company's operational efficiency and liquidity [11][14].
Carrier Announces Additional $1 Billion Investment in U.S. Manufacturing Footprint, Advanced Cutting-Edge R&D and Workforce Expansion
Prnewswire· 2025-05-13 11:00
Investment creates 4,000 jobs and new state-of-the-art facility Based in Palm Beach Gardens, Florida, Carrier is the largest U.S.-headquartered company in its industry and continues to invest in its American operations to strengthen manufacturing capabilities and drive long-term growth. Over the past five years, the company has grown its U.S. workforce by approximately 20 percent, reinforcing its long-standing commitment to American manufacturing, innovation and economic growth. About Carrier Carrier Global ...
Carrier Named a 2025 Organization of the Year for Excellence in Customer Service
Prnewswire· 2025-05-06 13:05
Core Insights - Carrier Global Corporation has been recognized as an Organization of the Year in the 2025 Excellence in Customer Service Awards for its innovative customer service initiatives [1][3] - The company's BluEdge™ Command Centers have delivered significant operational efficiencies, saving customers over $19 million and 600 million kWh in energy costs in 2024 alone [4] Group 1: BluEdge™ Command Centers - The BluEdge™ Command Centers utilize AI-driven insights and advanced connectivity to monitor and manage building operations, reducing equipment downtime and maintenance costs while enhancing occupant comfort [2][3] - Each month, the Command Centers handle over 10,000 proactive service requests and support more than 12,000 service technician calls, enabling swift resolution of issues [3] Group 2: Customer Impact - The operational efficiencies achieved through the BluEdge™ Command Centers are estimated to save customers more than $19 million and over 600 million kilowatt-hours of energy in 2024 [4] - The recognition from the Business Intelligence Group underscores Carrier's commitment to digital innovation and customer service excellence [3]
Carrier Reports Strong First Quarter 2025 Results
Prnewswire· 2025-05-01 10:30
Core Insights - Carrier Global Corporation reported strong financial results for Q1 2025, with adjusted EPS growth of 27% and increased full-year guidance [1][2][20] - The company experienced a 2% organic sales growth, with total company orders up in the high-single digits and backlogs increasing over 15% sequentially [2][4] Financial Performance - Total net sales for Q1 2025 were $5.218 billion, down 4% from $5.420 billion in Q1 2024, primarily due to divestitures [3][7] - Adjusted operating profit increased by 10% to $843 million, while GAAP operating profit rose 63% to $629 million [4][7] - The diluted earnings per share from continuing operations were $0.47, up 147%, and adjusted EPS was $0.65, up 27% [4][7] Segment Performance - Climate Solutions Americas (CSA) reported net sales of $2.572 billion, a 9% increase, with organic sales also up 9% [6][8] - Climate Solutions Europe (CSE) saw a 10% decline in net sales to $1.169 billion, with organic sales down 7% [10][11] - Climate Solutions Asia Pacific, Middle East & Africa (CSAME) had net sales of $826 million, down 7%, with organic sales decreasing by 6% [13][14] - Climate Solutions Transportation (CST) reported a 26% decline in net sales to $651 million, with organic sales growth of 2% [16][17] Cash Flow and Shareholder Returns - Net cash flows from operating activities were $483 million, with free cash flow of $420 million [18][19] - The company returned $1.5 billion to shareholders through share repurchases and dividends while paying down $1.2 billion in debt [19][20] Full-Year Guidance - Carrier increased its full-year 2025 adjusted EPS guidance to a range of $3.00 to $3.10, reflecting a year-over-year growth of approximately 17-21% [20][21] - The company anticipates organic sales growth in the mid-single digits and expects free cash flow between $2.4 billion and $2.6 billion [20][21]
Carrier First Quarter 2025 Earnings Advisory
Prnewswire· 2025-04-22 20:15
Core Viewpoint - Carrier Global Corporation is set to release its first quarter 2025 earnings on May 1, 2025, and will host a conference call and webcast at 7:30 a.m. ET [1]. Group 1 - The earnings call will be accessible via a pre-registration process, allowing participants to receive dial-in information and a PIN for live access [2]. - A recording of the earnings call will be archived and available for replay on the company's investor relations website [2]. Group 2 - Carrier Global Corporation is recognized as a global leader in intelligent climate and energy solutions, focusing on creating impactful solutions for people and the planet [3]. - The company emphasizes its commitment to innovation and customer-centric approaches, supported by a diverse workforce [3].