Ingersoll-Rand plc (NYSE: IR), Swords, Ireland, reported sales for the first quarter of $3 billion, up 4 percent over the same period a year ago. Profit decreased 23.2 percent to $117.1 million.
Industrial sales were $676.5 million for the first quarter, a 0.6 percent decrease year-over-year.
Climate solutions sales were $2.3 billion, an increase of 5 percent compared to the same period a year earlier.
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