Carrier sales up 7% in Q3

USA: Carrier has reported sales of $5.3bn in Q3, up 7% compared to 2020 including 4% organic growth.

Strong sales continued in the HVAC segment, with strong light commercial and aftermarket sales performance offsetting the expected modest North American residential HVAC decline in the quarter. Organic sales growth of 14% for the refrigeration segment was said to have been driven by strong transport refrigeration growth. 

“We delivered a strong quarter driven by continued growth across our portfolio,” said Carrier chairman and CEO David Gitlin. “Our results demonstrate continued robust demand and reinforce our positive long-term outlook. Despite supply chain challenges impacting our input costs and factory output, our team has gone to great lengths to deliver superior products and solutions to our customers.”