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Ingersoll-Rand revenues up 4.3pc in Q

Tuesday, July 22 12:58:52

Ingersoll-Rand, the maker of Trane airconditioners, reported a 4.3 rise in quarterly revenue, driven by higher demand for its heating and cooling systems.

Revenue rose to $3.54 billion in the second quarter ended June 30, from $3.40 billion a year earlier.

Net earnings attributable to ordinary shareholders fell to $306 million, or $1.12 per share, from $317.2 million, or $1.05 per share, a year earlier.

The company employs around 250 people in Ireland.

For more visit: www.businessworld.ie