Trane Technologies plc: Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2020 Results in Challenging Economic Environment
Trane Technologies plc: Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2020 Results in Challenging Economic Environment GAAP operating margin up 180 bps and adjusted operating margin* up 150 bps GAAP continuing EPS of $1.01; adjusted continuing EPS* of $1.03, up 12 percent GAAP full-year continuing EPS of $4.02; adjusted continuing EPS* of $4.46 Exceptional cash conversion for full-year 2020; cash from continuing operating activities of $1.8 billion; free cash flow* of $1.7 billion, 158 percent of adjusted net earnings* *This news release contains non-GAAP financial measures. ...