Carrier reports sales up 4%

USA: Carrier has recorded third quarter sales of $5bn, up 4% compared to 2019, including 3% organic sales growth.

The growth was largely driven by record demand in North America residential HVAC, which was up 46% compared to the prior year, and an improved economic climate. Most of the Carrier businesses are said to have seen sequential improvement from the second to the third quarter. 

Commenting on the results, Carrier president and CEO Dave Gitlin said: “Carrier is well-positioned across key trends in healthy, safe and sustainable building and cold chain solutions, and we continue to lean into the opportunity to be the leading one-stop shop.”