Ingersoll-Rand Sales Up 5.3% in 3Q - Modern Distribution Management

Ingersoll-Rand Sales Up 5.3% in 3Q

Total sales for 2014 up 4.3 percent over 2013.

Ingersoll-Rand plc (NYSE: IR), Swords, Ireland, reported sales for the second quarter of $3.4 billion, a 5.3 percent increase over the same period a year ago. Profit rose 76 percent to $291.3 million.

For the first nine months, sales were $9.7 billion, a 4.3 percent increase over the same period one year ago. Profit rose 18.4 percent to $676.2 million.

Industrial technologies sales were $741 million, a 3 percent increase from 2013’s third quarter.

Climate solutions sales were $2.6 billion for the second quarter, an increase of 6 percent compared to the same period a year earlier.

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