Company Profile For Ingersoll-Rand plc

Ingersoll-Rand plc (IR.N) (New York Stock Exchange)

sector: Industrials · industry: Industrial Machinery & Equipment ·

As of 25 Nov 2009

35.82USD

Price Change

+0.25

Percent Change

+0.70%

Analyst Recommendations

Overview

Ingersoll-Rand plc, formerly Ingersoll-Rand Company Limited, along with its subsidiaries, is a diversified, global company that provides products, services and solutions to enhance the quality of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and enhance industrial productivity. The Company has four segments: Air Conditioning Systems and Services, Climate Control Technologies, Industrial Technologies and Security Technologies. The Company generates revenue primarily through the design, manufacture, sale and service of a diverse portfolio of industrial and commercial products that include brand names, such as Club Car, Hussmann, Ingersoll-Rand, Schlage, Thermo King and Trane. On June 5, 2008, the Company completed the acquisition of Trane Inc.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Ingersoll-Rand plc's revenues increased 3% to $9.89B. Net income from Cont. Ops. decreased 52% to $338.3M. Revenues reflect higher income from Air conditioning system segment. Net income was offset by higher cost of goods sold, an increase in selling & administrative expenses, higher interest expense and lower net other income. The stocks of the company are listed on NYSE under the ticker IR.