Carrier Global Corporation’s Bank of America Global Industrials Conference: Insights from Dave Gitlin and Patrick Goris
On March 20, 2025, at 4:50 AM ET, Carrier Global Corporation (NYSE: CARR) participated in the Bank of America Global Industrials Conference. The conference call was an excellent opportunity for investors and analysts to gain insights into the company’s current state and future plans. The call was led by Carrier’s Chief Executive Officer, Dave Gitlin, and Chief Financial Officer, Patrick Goris.
Company Participants
Dave Gitlin: Dave Gitlin, a seasoned executive with over 30 years of experience in the HVACR industry, has been the CEO of Carrier Global Corporation since 2019. He has a proven track record of driving growth and innovation in the industry.
Patrick Goris: Patrick Goris has been the CFO of Carrier Global Corporation since 2021. He brings a wealth of financial expertise, having previously served as the CFO of United Technologies’ Aerospace Systems business.
Conference Call Participants
Andrew Obin: Andrew Obin is Bank of America’s multi-industrial analyst based in New York. He is known for his insightful analysis and thorough research on various industries, including industrials.
Insights from the Conference Call
Carrier’s Business Outlook: Gitlin and Goris provided an update on Carrier’s business outlook, stating that they expect continued growth in their Healthy Buildings segment, driven by the increasing demand for indoor air quality solutions. They also mentioned that their HVAC business is recovering well from the pandemic.
Investment in Innovation: Gitlin highlighted Carrier’s focus on investing in innovation, particularly in areas such as AI, IoT, and edge computing. He mentioned that these investments will help the company to provide more value to its customers and improve operational efficiencies.
Sustainability: Goris discussed Carrier’s commitment to sustainability, stating that the company is focused on reducing its carbon footprint and helping its customers to do the same. He mentioned that Carrier’s new product offerings, such as its CO2-based refrigeration systems, are gaining traction in the market.
Impact on Individual Investors
For individual investors, Carrier’s strong business outlook and focus on innovation and sustainability are positive signs. The company’s commitment to these areas is likely to drive long-term growth and create value for shareholders.
Impact on the World
On a larger scale, Carrier’s investments in innovation and sustainability have the potential to make a significant impact on the world. Improved indoor air quality solutions can help to reduce the spread of diseases, while carbon-reducing technologies can help to mitigate the effects of climate change.
- Improved indoor air quality solutions can help to reduce the spread of diseases, making public spaces safer and healthier.
- Carbon-reducing technologies can help to mitigate the effects of climate change, reducing the carbon footprint of buildings and transportation.
- Investments in AI, IoT, and edge computing can lead to more efficient and effective building operations, reducing energy consumption and costs.
Conclusion
Carrier Global Corporation’s participation in the Bank of America Global Industrials Conference provided valuable insights into the company’s business outlook, focus on innovation and sustainability, and commitment to creating value for shareholders. With a strong business model, a focus on innovation, and a commitment to sustainability, Carrier is well-positioned to drive long-term growth and make a positive impact on the world.
For individual investors, Carrier’s strong business outlook and focus on innovation and sustainability are positive signs, and the company’s investments in these areas are likely to create value for shareholders. On a larger scale, Carrier’s commitment to improving indoor air quality, reducing carbon emissions, and investing in technology can help to make the world a healthier, more sustainable place.
