2024-02-01 14:58:09 ET
Trane Technologies plc (TT)
Q4 2023 Earnings Conference Call
February 1, 2024 10:00 AM ET
Company Participants
Zac Nagle – Vice President, Investor Relations
Dave Regnery – Chair and Chief Executive Officer
Chris Kuehn – Executive Vice President and CFO
Conference Call Participants
Scott Davis – Melius Research
Julian Mitchell – Barclays
Chris Snyder – UBS
Joe Ritchie – Goldman Sachs
Steve Tusa – JPMorgan
Andy Kaplowitz – Citigroup
Jeff Sprague – Vertical Research
Deane Dray – RBC Capital Markets
Nigel Coe – Wolfe Research
Andrew Obin – Bank of America
Noah Kaye – Oppenheimer
Presentation
Operator
Good morning. Welcome to the Trane Technologies Q4 2023 Earnings Conference Call. My name is Julianne, and I will be your operator for the call. The call will begin in a few moments with the speaker remarks and the Q&A session. At this time, all participants are in a listen-only mode. [Operator Instructions] Thank you.
I will now turn the call over to Zac Nagle, Vice President, Investor Relations.
Zac Nagle
Thanks, operator. Good morning and thank you for joining us for Trane Technologies fourth quarter 2023 earnings conference call. This call is being webcast on our website at tranetechnologies.com where you'll find the accompanying presentation. We're also recording and archiving this call on our website.
Please go to Slide 2. Statements made in today's call that are not historical facts are considered forward-looking statements and are made pursuant to the safe harbor provisions of federal securities law. Please see our SEC filings for a description of some of the factors that may cause our actual results to differ materially from anticipated results. This presentation also includes non-GAAP measures, which are explained in the financial tables attached to our news release.
Joining me on today's call are Dave Regnery, Chair and CEO; and Chris Kuehn, Executive Vice President and CFO.
With that, I'll turn the call over to Dave. Dave?
Dave Regnery
Thanks, Zach and everyone, for joining today's call. As we begin, I'd like to spend a few minutes on our purpose-driven strategy, which drives our differentiated financial results over time. Our strategy is aligned to powerful mega trends like energy efficiency, decarbonization, and digital transformation. These trends continue to intensify and increase the demand for our sustainable solutions.
The year 2023 was recently confirmed as the warmest on record and caused many extreme weather events around the world. Urgent action is needed to reduce emissions and mitigate the effects of climate change on people's lives. That's where Trane Technologies is uniquely positioned to lead. We are the partner of choice to help our customers advance their own sustainability goals while driving broad impact through our Gigaton Challenge, a pledge to reduce customers' emissions by 1 billion metric tons by 2030.
Our purpose-driven strategy, relentless innovation and proven business operating system, enable us to consistently deliver a superior growth profile, strong margins and powerful free cash flow. The end result is strong value creation across the board for our customers, our shareholders, our employees, and for the planet....
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Trane Technologies plc (TT) Q4 2023 Earnings Call Transcript