Market commentary Feb 2023 · North America, Europe Verified
HVAC End-Market Headwinds and Residential HVAC Decline
Regal Rexnord's Climate Solutions segment experienced a 10.7% organic sales decline, driven by weakness in North American residential HVAC and European HVAC markets. The company expects end-market headwinds to continue into 2023.
“Sales • Organic Sales* Down 10.7% • Key Drivers • N.A. Resi HVAC • Europe HVAC”
Entities
HVAC Sentiment: Negative
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