Carrier Global Corporation: Can It Increase Its Productivity & Show Resilience Against Rising Material Costs?

Carrier Global Corporation’s Q1 2024 results showed a robust start to the year with adjusted EPS growth of 19% on low-single-digit organic sales growth and 280 basis points of adjusted margin expansion. With the addition of 12,000 new members from Viessmann Climate Solutions, the company is poised for another year of significant margin expansion and solid growth. Its lean journey and sustained productivity have contributed greatly to these results. Carrier is focused on becoming the global leader in intelligent climate and energy solutions, demonstrating this through their consistent provision of differentiated sustainability solutions to their customers, which include commercial and residential products to improve the energy efficiency of heating and cooling systems.