Trane CEO says ‘bookings at an all-time high’

“Focused execution of our purpose-driven strategy continues to deliver industry-leading results and enable high levels of business reinvestment for future growth,” said Dave Regnery, chair and CEO, Trane Technologies. “With bookings at an all-time high, we continue to see robust customer demand for our sustainable products and services, with particular strength across our commercial HVAC businesses globally. Our strong operating performance and robust backlog give us confidence in once again raising our full-year revenue and adjusted EPS guidance and provide visibility to solid growth in 2024 as well. With our leading innovation, resilient portfolio and talented team, Trane Technologies is uniquely positioned to deliver superior growth and differentiated shareholder returns over the long term.”