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Market commentary Nov 2024 Verified

Regal Rexnord Sees Modestly Positive Organic Growth in Q4 2024

Enterprise orders in Q3 were up 2.5% versus prior year, and the company expects modestly positive organic growth in the fourth quarter of 2024, indicating a potential inflection in demand.

“Encouragingly, enterprise orders in 3Q were up 2.5%, and we now expect modestly positive organic growth in the fourth quarter.”

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ElectricalHVAC Sentiment: Positive

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