Carrier sales rise 12% as goodwill impairment drives reported loss
Carrier reported third-quarter sales of 6.263 billion dollars on 29 October, up 12% from a year earlier.
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Carrier reported third-quarter sales of 6.263 billion dollars on 29 October, up 12% from a year earlier. Organic sales increased 15%. Its financial statements cover the three months ended 30 September 2026.
The company recorded a 3.1-billion-dollar non-cash goodwill impairment relating to Climate Solutions Europe. Reported operating loss was 2.273 billion dollars, while adjusted operating profit was 1.091 billion dollars. Continuing operations produced a reported loss of 3.16 dollars per diluted share and adjusted earnings of 0.87 dollars per share.
Quarterly operating cash flow was 813 million dollars and capital spending 139 million dollars, producing free cash flow of 674 million dollars. Carrier put its backlog above 8.5 billion dollars and reported approximately 35% order growth excluding NORESCO. Backlog and new orders are separate from recognised sales, and adjusted profit excludes items included in the reported loss.
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Publication of the official announcement on 29 October 2026.
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Carrier sales rise 12% as goodwill impairment drives reported loss
Carrier reported third-quarter sales of 6.263 billion dollars on 29 October, up 12% from a year earlier. Organic sales increased 15%. Its financial statements cover the three months ended 30 September 2026.
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