Ingersoll-Rand plc (NYSE: IR), Swords, Ireland, reported full-year sales for 2014 of $12.9 billion, a 4.4 percent increase from the previous year. Profit increased 50.6 percent to $931.7 million.

Sales for the fourth quarter were $3.2 billion, a 4.6 percent increase over the same period a year ago. Profit increased 435.6 percent to $255.5 million from $47.7 million the previous fourth quarter.

Industrial sales were $794.6 million, a 3 percent increase from 2013’s fourth quarter. And climate solutions sales were $2.4 billion for the second quarter, an increase of 5.1 percent compared to the same period a year earlier.