financial reports | ACHR News

Financing HVAC in the Inflation Era

With today’s prices, contractors who don’t offer financing are likely losing business

July 21, 2023

In order for HVAC contractors to start offering financing, they have to find the right finance company, train their staff, and invest in understanding what financing means for their customers and company in order to make it profitable enough to outweigh any associated costs.

HVACR OEMs Report Strong Q4 Results

Every surveyed manufacturer noted they’re well-positioned for the coming months

Matt Jachman

April 4, 2023

No Comments

Six of seven major HVACR manufacturers reported year-over-year revenue increases for the fourth quarter of 2022.

Mergers and Acquisitions: Two Bankers Say HVAC M&A Market Still Robust, One Buyer Sees Bigger Slowdown

Mergers and acquisitions activity is slightly off its recent peak of two years ago, according to two investment bankers involved in such deals

Matt Jachman

March 21, 2023

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While M&A activity has slowed, there is still a lot of opportunity in the market.

Manufacturers Report Strong Quarter

But headwinds of inflation, COVID-19, supply-chain issues remain

Matt Jachman

August 23, 2022

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A half-dozen major HVACR manufacturers achieved strong financial results in the second quarter even as they navigated supply-chain issues and other obstacles.

Inflation Raises Revenues, Costs at Public Companies

Earning releases provide snapshot of HVAC industry

Ted Craig

May 13, 2022

No Comments

All levels of HVAC companies, from manufacturers to distributors to contractors, reported higher revenues in the first quarter.

ABM to Announce First Quarter 2022 Financial Results

February 24, 2022

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ABM announced that it will release its earnings results for the company’s fiscal first quarter 2022 on Tuesday, March 8, 2022, after market close.

Manufacturers Report Record Revenues, but Supply Chain Hits Profits

Commercial market remains weak for most

Ted Craig

February 22, 2022

No Comments

A combination of continued consumer spending and increased interest in IAQ drove sales throughout the year. Higher costs driven by supply chain issues ate into the profits for most companies, however.

AAON Announces Fourth Quarter 2021 Conference Call and Webcast

February 21, 2022

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AAON, Inc. announced that it has scheduled its quarterly conference call and webcast for Monday, February 28, 2022 to discuss fourth quarter 2021 financial results.