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Home » financial reports

Articles Tagged with ''financial reports''

johnson controls

Johnson Controls Announces Price Increases

The 5-12% increases attributed to a surge in commodity prices
April 13, 2018
The increases will impact the company’s equipment manufactured in its North American plants.
Read More
GovernmentLegislation.jpg

Lawmakers Pass $1.3 Billion Spending Bill

The Omnibus bill addresses funding for Energy Information Administration, Energy Star, and more
March 30, 2018
The Energy Efficiency and Renewable Energy Office's (EERE's) budget will increase $300 million to $2.3 billion.
Read More
Ferguson

Ferguson’s Revenue Jumps 10 Percent in First Half of Fiscal Year 2018

Ferguson reported overall growth of 10.6 percent, including 1.8 percent coming from acquisitions
March 29, 2018
E-commerce now represents 23 percent of Ferguson's U.S. revenues, the trading margin was 8.2 percent, and trading profit was 15.7 percent ahead of last year.
Read More
Construction

Specialty Trades Added 37,600 Positions in February

The construction industry saw sustained increases, adding another 61,000 jobs weighted heavily in the specialty construction sector
March 20, 2018
Residential specialty construction added 18,600 jobs, while nonresidential specialty contractors added 19,000 positions.
Read More
Construction

Specialty Construction Drove January Employment Growth

36,000 construction positions were created while national unemployment remained unchanged
February 5, 2018
Nonresidential specialty trade contractors filled 12,400 positions in January, residential specialty contractors filled another 13,900 jobs, and unemployment rate held steady at 4.1 percent.
Read More
2018 AHR Expo

HVACR Manufacturers Confident Regarding Future of the Economy, Business

74 percent of respondents are forecasting growth rates of greater than 5 percent in 2018
January 8, 2018
89 percent of responders are forecasting excellent or good growth in 2018, which is up 15 percent from the already positive outlook in 2017.
Read More
Watsco

Watsco Inc. Announces Quarterly Earnings

Distributor had a return on equity of 13.79 percent and a net margin of 4.1 percent
January 2, 2018
The firm had revenue of $913.30 million for the quarter, compared to analyst estimates of $947.76 million.
Read More
BreakingNews.jpg

Global Data Center Cooling Technologies Market Expected to Reach $20B by 2024

Market is rising at an estimated 12% compound annual growth rate (CAGR)
December 25, 2017
The increasing need to offer systems with high efficiency that do not need high energy consumption will drive the data center cooling market in the next seven years.
Read More
Distributor annual sales growth

2018 Forecast: The HARDI Perspective

Brian Loftus
December 13, 2017
The economic environment for HVACR demand seems to be very good. Consumer confidence is high, and stories of homes selling quickly are common. Employment growth persists, and wages are improving. This Goldilocks scenario is very similar to the high points from last year when we were preparing the forecast. We thought the pent-up demand thesis still had some validity, but there would be a difficult comparison after the 2016 heat wave.
Read More
commercial refrigeration market regulations

HVACR Distributors Navigate the Path to Prosperity in 2017

Herb 2018
Herb Woerpel
December 1, 2017
From a handful of hurricanes to a new president to the threat of online sales, 2017 was full of potential pitfalls for wholesalers.
Read More
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