Ingersoll Rand: Emerging Growth Markets & Innovative Solutions to Set New Standards!

Ingersoll Rand reported its Q3 2024 financial results, showcasing a mix of strong performance and growth challenges, against a backdrop of macroeconomic uncertainty. The company recorded significant results, achieving record orders and revenue increases, with adjusted EBITDA margins expanding by over 200 basis points and free cash flow margins reaching 20%. Despite these achievements, Ingersoll Rand acknowledged that the challenging macro environment has impacted customer order timing and site readiness, leading to adjustments in revenue expectations for the full year.