Carrier Global Corp (NYSE:CARR)

$ 69.64 0.19 (0.27%) Market Cap: 62.48 Bil Enterprise Value: 73.31 Bil PE Ratio: 18.23 PB Ratio: 4.25 GF Score: 76/100

Carrier Global Corp at Barclays Industrials Select Conference Transcript

Feb 23, 2023 / 03:20PM GMT

Release Date Price: $44.45 (+1.95%)

Transcript

Julian C.H. Mitchell

Barclays Bank PLC, Research Division - Research Analyst

We'll get going now with Carrier Global. It's my pleasure to introduce Dave Gitlin, Chairman and CEO; and also Samuel Pearlstein Investor Relations. Dave will start off with a couple of prepared remarks, and then we'll go into questions.

David L. Gitlin

Carrier Global Corporation - Chairman & CEO

As you know, we just released our fourth quarter results a couple of weeks ago. We just demonstrated again that we do what we say we're going to do and deliver on our commitments. As we look ahead to 2023, I want to emphasize 3 themes. First is our confidence in continued and consistent and outsized growth, driven by a very purposeful shift to digitally enable life cycle solutions and leaning in to key secular trends.

On the first, on the aftermarket side, we are well on our way to increasing our aftermarket sales from about $5 billion last year to more than $7 billion in 2026. With our aftermarket growth rates increasing from historical levels prior to our spin at 1% to 3% per

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