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home / news releases / CARR - Carrier Global: Strong After-Market And Heat Pump Segment; Weak Residential Market

CARR - Carrier Global: Strong After-Market And Heat Pump Segment; Weak Residential Market

Carrier Global Corporation

2024-02-12 14:16:15 ET

Summary

  • Carrier Global reported flat organic revenue growth and a 7.9% increase in adjusted profit in Q4 FY23.
  • The company saw significant growth in its heat pump segment and aftermarket services, driven by energy efficiency initiatives.
  • Carrier Global plans to exit low-growth and non-core businesses to focus on high-growth HVAC and heat pump segments.

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For further details see:

Carrier Global: Strong After-Market And Heat Pump Segment; Weak Residential Market
Stock Information
Company Name: Carrier Global Corporation
Stock Symbol: CARR
Market: NYSE
Website: corporate.carrier.com
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