Carrier Global announces first quarter 2024 results. Total quarterly net sales were $6.182 billion, compared to $5.273 billion in the prior-year period. Quarterly net income attributable to the company’s shareholders was $269 million, compared to $373 million in the year-ago quarter.
PXIe-6570 EATON, an intelligent power management company, announced its first quarter 2024 results. Quarterly net sales were $5,943 million, compared with $5,483 million in the prior-year period. Quarterly net income attributable to the company’s shareholders was $821 million, compared to $638 million in the year-ago quarter.
Parker Hannifin Inc. announced results for its fiscal third quarter ended March 31, 2024. Quarterly net sales were $5,074 million, compared to $5,062 million in the prior-year period. Quarterly net income attributable to common shareholders was $727 million, compared with $591 million in the year-ago quarter.
Alstom (Alstom) announces its 2023/24 results for the year ended 31 March 2024. Sales for the fiscal year were 17.619 billion euros (about $19.1 billion), compared with 16.507 billion euros in the previous fiscal year. Net loss from continuing operations for the fiscal year was €277 million, compared with a loss of €104 million in the previous year. The net loss attributable to shareholders of the parent company was €309 million, compared with a loss of €108 million in the previous year.
CRRC releases first quarter 2024 report. Operating income was 32.183 billion yuan (approximately $4.457 billion), a decrease of 0.60% year-on-year; The net profit attributable to shareholders of listed companies reached 1.008 billion yuan, an increase of 63.86%; Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 668 million yuan, an increase of 228.08%. In the first quarter, the company’s railway equipment, urban rail and urban infrastructure business, new industry and modern service business achieved revenue of 13.317 billion yuan, 5.531 billion yuan, 12.183 billion yuan and 1.152 billion yuan, respectively.
PXIe-6570 Trane Technologies announces first quarter 2024 results. Quarterly net sales were $4.216 billion, compared to $3.666 billion in the prior-year period, an increase of 15%. Quarterly adjusted EBITDA profit of $706 million compared to $542 million in the prior-year period, an increase of 30%.
Atlas Copco announced its results for the first quarter of 2024. Quarterly revenue was SEK 42.875 billion (about $4 billion), compared with SEK 39.861 billion a year earlier. Quarterly operating profit was SEK 9.345 billion, compared with SEK 8.699 billion a year earlier. Profit for the period was SEK 7.175 billion, compared with SEK 6.528 billion a year earlier.
TE Connectivity Ltd reported results for its fiscal second quarter ended March 29, 2024. Quarterly net sales were $3.967 billion, compared with $4.16 billion in the year-ago quarter. Quarterly net income was $541 million, compared with $433 million a year ago.
Nidec (formerly NIDEC) announces results for the year ended March 31, 2024. Net sales for the fiscal year were 2,348.2 billion yen (approximately $15.1 billion), compared to 2,242.8 billion yen in the previous year. Full-year operating profit was 163.1 billion yen, compared with 100 billion yen in the previous year. Net profit attributable to owners of the parent company for the full year was Y125.4 billion, compared with Y45 billion in the previous year.