Ingersoll Rand Earnings Go Up 19%
HAMILTON, Bermuda
Ingersoll Rand (IR) reports that its first quarter earnings were up 19 percent to $253.2 million, including a 7-percent increase in revenue for its Security Technologies business unit. IR had overall revenue of $2.7 billion for the first three months of 2006.
The earnings and revenue marked a record first quarter for IR.
“All of our business segments achieved revenue and earnings growth,” says IR President, Chairman and CEO Herbert Henkel.
The security division that includes such brands as Recognition Systems and Locknetics posted total first-quarter revenue of $524.8 million.
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!
Related Content
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.
A FREE subscription to the top resource for security and integration industry will prove to be invaluable.
