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Daikin Industries ( OTCPK:DKILY ) unit Daikin Applied Americas said Friday it acquired a majority stake in CM3 Building Solutions. CM3 offers building automation and technology, energy services, security and fire protection, and HVAC support. The deal adds enterprise-level...
The first single zone system with R-32 in North America features impressive efficiency gains while reducing emissions vs. R-410A For the first time in North America, Daikin is launching a home comfort product featuring R-32, a refrigerant with one-third the Global Warming Po...
Washington state-based Thermal Supply and AirReps join Daikin group Daikin North America LLC (Daikin) has continued its ambitious customer-focused growth with the acquisition of Washington state companies Thermal Supply, Inc. and AirReps, LLC. This pr...
Daikin's strong fiscal first quarter numbers drove a sharp upward move in the share price, closing that relative undervaluation I previously saw. With 41% growth in the U.S. Goodman operations, Daikin gained share in U.S. residential, but also seems to be gaining share in the EU and C...
Lennox posted better-than-expected revenue in the second quarter, with strong ongoing growth in the residential business, but some disappointments in commercial and refrigeration margins. Management is trying to make a case for a longer, stronger residential HVAC cycle, including cont...
Trane has put together two better-than-expected quarters, with improving commercial HVAC-R demand and more residential demand than the supply chain can currently handle. Long-term growth opportunities remain attractive, including green building retrofits, school upgrades, data center ...
The following slide deck was published by Daikin Industries,Ltd. in conjunction with their 2022 Q1 earnings call. For further details see: Daikin Industries,Ltd. 2022 Q1 - Results - Earnings Call Presentation
Daikin Industries (OTCPK:DKILF): Q1 net profit of ¥78.6B Revenue of ¥799B (+37.4% Y/Y) Press Release For further details see: Daikin Industries reports Q1 results
Residential HVAC demand has been very strong in the U.S., spurred by both replacement and new construction demand, and housing growth should stay above trend for a while longer. Lennox isn't particularly well-leveraged to commercial retrofits, as the company's business is skewed to sm...
Daikin shares have underperformed HVAC peers as the company is sacrificing near-term margins to reinvest in product R&D and expanded sales/distribution capabilities. The U.S. is going to be management's top focus for the next several years, with management targeting double-digit r...
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