Carrier (CARR) - 2025 Q1 - Earnings Call Presentation

Q1 2025 Performance Highlights - Sales reached $5,218 million, with organic sales up by 2% year-over-year[6] - Adjusted Operating Profit increased to $843 million, a 10% increase year-over-year[6] - Adjusted Operating Margin improved to 16.2%, up 210 bps year-over-year[6] - Adjusted EPS rose to $0.65, a 27% increase year-over-year[6] - Free cash flow was $420 million[6] Segment Performance - Climate Solutions Americas (CSA) sales increased by 9% year-over-year to $2,572 million, with organic sales also up by 9%[18] - Climate Solutions Europe (CSE) sales decreased by 10% year-over-year to $1,169 million, with organic sales down by 7%[19] - Climate Solutions Asia Pacific Middle East & Africa (CSAME) sales decreased by 7% year-over-year to $826 million, with organic sales down by 6%[20] - Climate Solutions Transportation (CST) sales decreased by 26% year-over-year to $651 million, but organic sales increased by 2%[21] Guidance and Outlook - The company expects full-year sales of approximately $23 billion, with organic growth of mid-single digits[15] - The company is increasing full-year adjusted EPS guidance to $3.00 - $3.10, representing a 17-21% year-over-year increase[15] - Free cash flow is projected to be between $2.4 billion and $2.6 billion[15]