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Market commentary Jan 2008 Verified

Trane Expects Continued Strength in Commercial HVAC Markets

Trane's CEO noted continued strength in commercial equipment systems and services, offsetting ongoing weakness in the residential HVAC market, and highlighted growth in global parts, services and solutions.

“We saw continued strength in commercial equipment systems and services, which more than offset the ongoing weakness in the residential part of our business.”

Entities

Trane Inc. · Mentioned
HVAC Sentiment: Mixed

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.