Trane Technologies CEO Discusses Strong Q3 Performance and Challenges in China

Reported 27 days ago

In an interview, Trane Technologies CEO David Regnery reported a robust third quarter, with revenues of $5.44 billion and adjusted earnings per share of $3.37, both exceeding forecasts. Despite positive growth metrics, Regnery acknowledged difficulties in the Chinese market, which currently constitutes 4% of the company's revenue. He remains optimistic about future growth, particularly in the HVAC sector, emphasizing the potential to improve energy efficiency in buildings.

Source: YAHOO

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