Welcome to our dedicated page for Carrier Gb Cp news (Ticker: CARR), a resource for investors and traders seeking the latest updates and insights on Carrier Gb Cp stock.
Carrier Global Corporation (NYSE: CARR) delivers innovative climate and energy solutions through its HVAC, refrigeration, and building technologies. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, financial performance, and strategic initiatives.
Access official press releases covering earnings announcements, product launches, sustainability milestones, and partnership agreements. Our curated collection enables efficient tracking of Carrier’s portfolio optimization efforts and technological advancements in intelligent building systems.
Discover updates across three core areas: quarterly financial results, energy efficiency innovations, and global market expansions. Content is sourced directly from company communications to ensure accuracy and timeliness while maintaining regulatory compliance.
Bookmark this page for streamlined access to Carrier’s latest operational updates. Combine these resources with market analysis tools to inform your understanding of this industrial technology leader’s evolving position.
Carrier Global Corporation (NYSE: CARR) reported 2020 results with sales of $17.5 billion, a 6% decline, and a GAAP operating profit of $3.1 billion, up 24%. The company experienced strong performance in North American residential HVAC in Q4, contributing to a sales growth of 2% year-over-year. For 2021, Carrier forecasts 6-8% sales growth, 13.5% adjusted operating margin, and adjusted EPS between $1.85 and $1.95. Additionally, a $350 million share repurchase program was authorized by the Board to enhance shareholder value.
Carrier has launched its first e-commerce website, CarrierAtHome.com, allowing consumers to purchase indoor air quality products. The site features Carrier's new room air purifiers, which capture over 99% of airborne contaminants. These purifiers come in two sizes, suitable for rooms up to 400 and 550 square feet. Additionally, customers can find replacement filters and a quiz to find suitable air quality solutions. Carrier is part of Carrier Global Corporation (NYSE: CARR), focusing on providing sustainable building solutions.
The Board of Directors of Carrier Global Corporation (NYSE: CARR) has elected David Gitlin as Chairman, effective immediately after the 2021 Annual Meeting on April 19, 2021. Gitlin, who has served as CEO since June 2019, succeeds John V. Faraci, who will remain on the Board. The change reflects confidence in Gitlin's leadership amid challenges, including the impact of COVID-19. Jean-Pierre Garnier will continue as Lead Independent Director, enhancing governance stability as Carrier implements its growth strategy.
Automated Logic has launched its latest WebCTRL 8 software, enhancing building automation systems with support for open standards and improved commissioning tools. Key features include support for BACnet protocols, IPv6, and Haystack semantic tagging, aimed at improving interoperability and security in building management. The software also offers ACxelerate™ VAV auto-commissioning and custom reporting enhancements for better data visualization. This development reflects Automated Logic's commitment to energy efficiency and occupant comfort.
Carrier Global Corporation has collaborated with Syracuse University to develop an assessment tool aimed at reducing airborne pathogen transmission in buildings. This new tool leverages research indicating that customized mitigation strategies can lower risks by up to 80% through various tactics, including improved ventilation and air filtration. The study utilized the Wells-Riley equation to estimate baseline risks associated with SARS-COV-2. Carrier continues to implement innovative solutions, reinforcing its commitment to healthier indoor environments.
Carrier Global Corporation (NYSE: CARR) announced that Sanhua has joined its Carrier Alliance program, establishing a strategic long-term agreement. This pact enables Sanhua to supply vital components such as valves and heat exchangers for Carrier's HVAC and Refrigeration sectors. Carrier aims to enhance supply chain efficiency and reduce costs while promoting innovative technologies in energy efficiency. Both companies have a history of collaboration focused on minimizing environmental impact. The partnership is expected to offer new growth opportunities for both parties.
Carrier Global Corporation (NYSE: CARR) has welcomed Koura Fluorochemicals as a new supplier in its Carrier Alliance program. This long-term strategic agreement allows Koura to expand its operations globally across Carrier's HVAC and Refrigeration portfolios in North America, Europe, and Asia Pacific. Carrier emphasizes quality, sustainability, and cost excellence in its partnerships, and Koura aligns with these values. This collaboration aims to enhance the supply chain and foster growth opportunities for both companies.
Carrier Global Corporation (NYSE:CARR) is set to release its fourth quarter 2020 earnings on February 9, 2021, at 9:00 a.m. ET. The company will host a conference call and webcast for investors, available at ir.carrier.com. The earnings call can also be accessed by phone at (877) 742-9091, with a replay available following the event until February 16, 2021. Carrier Global is a leader in healthy, safe, and sustainable building solutions, dedicated to innovation and customer-centric services.
Carrier Global Corporation (NYSE: CARR) has announced that Broad-Ocean Motor has joined its Carrier Alliance program, establishing a long-term agreement for supplying OEM and replacement motors for Carrier's HVAC and Refrigeration portfolios in North America and Asia. This partnership aims to enhance supply chain efficiency and drive cost savings. Broad-Ocean Motor has a decade-long relationship with Carrier and has increased its manufacturing capacity to meet evolving efficiency and regulatory needs.
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