Ingersoll-Rand plc (NYSE: IR), Swords, Ireland, reported sales for 2015 of $13.3 billion, a 4.4 percent increase from the previous year. Profit decreased 28.7 percent to $664.6 million.
Sales for the fourth quarter were $3.3 billion, a 2.6 percent increase over the same period a year ago. Profit decreased 8.6 percent to $233.5 million from the previous fourth quarter.
Industrial sales were $834 million, a 5 percent increase from 2014’s fourth quarter. And climate solutions sales were $2.5 billion for the fourth quarter, an increase of 2 percent compared to the same period a year earlier.