Carrier Global Corporation (CARR) has reported strong 2024 financial results and announced an optimistic 2025 outlook. They notably have plans to host an Investor Day in 2025. A new strategic vision has been introduced with an aim of transforming the climate tech industry. They have launched advanced QuantumLeap Cooling Solutions for Data Centers, targeting the huge data center cooling market, which is expected to grow at a CAGR of 39%. Some strategic investments include backing thermal solutions provider ZutaCore. Despite some concerns about declining earnings, the company has seen a robust financial performance in 2024, with strong organic growth. Carrier has also completed strategic portfolio transformations, like the $3B sale of its commercial and residential fire business. The company’s Q4 results showed profits climbing with market projections favoring a temperate outlook. Despite some earnings expectations falling short, the company’s stock has soared, and they have been named amongst Fortune's World's Most Admired Companies for the fourth consecutive year. They have also presented promising growth and sustainability strategies at various conferences.
Carrier Global Corporation CARR News Analytics from Tue, 02 Jul 2024 07:00:00 GMT to Fri, 21 Feb 2025 14:00:00 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -5
