Ingersoll-Rand Reveals 2020 Financial Targets at Its Investor Day; We Reiterate Our $84 FVE
Ingersoll-Rand hosted its 2017 investor day on May 10 in Davidson, North Carolina. CEO Mike Lamach revealed the company’s financial goals for fiscal 2020 very early in the presentation, and various segment-level leaders spent the rest of the presentation articulating the strategic roadmap the company will utilize to drive improved financial performance and increase shareholder value during the next three years. After processing the contents of the presentation, we are now more confident that cli...Ingersoll-Rand provides products, services and solutions to enhance air in homes and buildings, transport and protect food. Co.'s segments are: Climate. which includes Trane® and American Standard® Heating & Air Conditioning, providing heating, ventilation and air conditioning systems, and commercial and residential building services, parts, support and controls, energy services and building automation as well as transport temperature control solutions; and Industrial, which includes compressed air and gas systems and services, power tools, material handling systems, ARO® fluid management equipment, as well as Club Car ® golf, utility and rough terrain vehicles.
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