Carrier Q2 sales up 37%

Jul 29, 2021 | News

USA: Carrier has reported second quarter sales up 37% to $5.4bn compared to 2020, with organic sales up 31% over the same period.

Strong sales were reported across across all three of Carrier’s business segments, including growth in commercial HVAC, transport refrigeration, fire & security segment and continued strength in North American residential HVAC. 

Operating profit in the quarter was $783m, up 77% from last year, and adjusted operating profit of $821m was up 72%. 

“We delivered strong revenue growth over the second quarters of both 2020 and 2019. Our operational performance also enabled us to meet higher than expected customer demand,” commented Carrier chairman & CEO David Gitlin. “We see secular trends supporting continued growth. We are making targeted organic and inorganic investments to further enhance our differentiation and deliver long-term value to customers and shareowners.”

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