Six of seven major HVACR manufacturers reported year-over-year revenue increases for the fourth quarter of 2022 and, in statements aimed at investors, all seven companies said they’re well-positioned for the coming months.
Trane Technologies, Lennox International, Johnson Controls International, Modine Manufacturing Co., Emerson, and Aaon all listed growth for the quarter that ended December 31. Carrier Global Corp. reported a net dip of 1%, but also noted organic growth, or growth from within existing operations, of 5%.