Trane Technologies Q1 revenue up 11%

IRELAND: Trane Technologies has reported revenues of $4.7bn in Q1 2025, up 11% on the same period in 2024.

Commenting on the “outstanding performance”, Dave Regnery, chair and CEO of Trane Technologies, said: “Our strong order growth in the first quarter included another all-time high in bookings for our Americas commercial HVAC business, further elevating our backlog.”

Trane Technologies Americas returned revenues of $3.8bn up 14%, EMEA sales increased 4% to $573.5m, while Asia Pacific was down 4% at $314.3m.