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]

SaaS solution minimizes manual processes, accelerates batch release cycles and meets regulatory compliance* PALM BEACH GARDENS, Fla., March 18, 2025  /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announces the launch of Carrier Lynx FacTOR™, a revolutionary software-as-a-service (SaaS) solution designed to transform product release processes in the pharmaceutical industry. Lynx FacTOR automates end-to-end product release evaluations, mini ...

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]

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]

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]

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 (NYSE:CARR) Barclays 42nd Annual Industrial Select Conference February 20, 2025 9:15 AM ET Company Participants David Gitlin - Chairman & CEO Michael Rednor - Vice President, Investor Relations Conference Call Participants Julian Mitchell - Barclays Julian Mitchell Great. Well, thanks, everyone, for being here. It's my pleasure to have up next Carrier Corporation, Dave Gitlin, Chairman and CEO; and Michael Rednor, who joined recently a few months ago in here. Orders growth for Car ...

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]

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 ...

Financial Data and Key Metrics Changes - Carrier achieved 3% organic growth in 2024, with adjusted EPS growth of 16% and close to 100% core earnings conversion [6][7][16] - Reported sales for Q4 were $5.1 billion, reflecting 6% organic sales growth, with adjusted operating profit up 65% year-over-year [22][23] - Adjusted operating margin expanded by 370 basis points compared to last year, with adjusted EPS of $0.54, up 50% year-over-year [24][25] Business Line Data and Key Metrics Changes - HVAC segment saw organic sales growth of 11%, with Americas organic sales up high teens [27][28] - Refrigeration segment was down 1% organically for the full year, with global truck and trailer business down around 10% [30][31] - Total company organic orders were up low teens, with HVAC orders up about 5% [32] Market Data and Key Metrics Changes - Organic sales in EMEA were flat, driven by double-digit growth in commercial, offset by declines in residential and light commercial HVAC [29] - Organic sales in Asia were slightly positive, with strength in Japan and South Asia, but declines in residential and light commercial business in China [29] Company Strategy and Development Direction - Carrier is focused on margin expansion through operational excellence and disciplined capital allocation, with a strategic emphasis on digital lifecycle solutions [11][15] - The company expects continued double-digit growth in aftermarket and global commercial HVAC, with a focus on integrated systems and energy management solutions [12][16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2025, despite political and economic uncertainties in Europe, and expects organic growth in single digits [18][21] - The company anticipates a strong year with accelerated organic growth, margin expansion, and strong free cash flow [21][39] Other Important Information - Carrier completed a significant portfolio transformation, yielding over $10 billion in gross proceeds from divestitures [8][10] - The company plans to repurchase about $3 billion in shares and increase the dividend per share by 18% [39][43] Q&A Session Summary Question: Can you elaborate on residential HVAC performance and inventory levels? - Management indicated a slight prebuy of $75 million to $100 million in Q4, with strong movement from distributors to dealers [48][49] Question: What is the outlook for revenue growth in 2025? - Management expects flat to down mid-single digits in market volume, with positive mix from heat pumps and aftermarket growth [60][62] Question: How are tariffs affecting operations, particularly in Mexico? - Management is actively monitoring tariff implications and is prepared to take pricing and operational actions to mitigate impacts [120][121] Question: Can you provide updates on capacity additions in Americas Commercial? - A new facility for commercial HVAC was established, significantly increasing output capacity, which positions the company for growth [90][92] Question: What are the expectations for Viessmann's margins in 2025? - Management expects EBITDA ROS to improve from low teens to mid-teens, with cost synergies increasing from $75 million to $150 million [94][95]