Carrier Global Corp at Morgan Stanley Laguna Conference Summary - Thomson StreetEvents

Carrier Global Corp at Morgan Stanley Laguna Conference Summary

Carrier Global Corp at Morgan Stanley Laguna Conference Summary - Thomson StreetEvents
Carrier Global Corp at Morgan Stanley Laguna Conference Summary
Published Sep 11, 2024
12 pages (6582 words) — Published Sep 11, 2024
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About This Report

  
Abstract:

Edited Brief of CARR.N presentation 11-Sep-24 3:10pm GMT

  
Brief Excerpt:

...A. We closed on VCS as expected. B. In terms of divestitures, some analysts modeled that we would yield $7 billion or so in gross proceeds over the course of two to three years. C. Thanks to the efforts of our corporate team, those in the businesses that have performed so well, and our advisers, we reached agreements on all five deals in just over a year and will realize more than $10 billion in gross proceeds, which represents an aggregate EBITDA in the D. We are on track to close Commercial Refrigeration on October 1 and plan to close on Commercial and Residential Fire in Q4. E. Strong cash flow from operations, along with cash from divestitures has enabled us to significantly reduce our net debt and initiate our committed buyback of 58 million shares, the amount that we issued as part of the VCS acquisition. F. As we think about 2025, a high percentage of our new portfolio will continue to see very strong growth or will be returning to growth....

  
Report Type:

Brief

Source:
Company:
Carrier Global Corp
Ticker
CARR.N
Time
3:10pm GMT
Format:
PDF Adobe Acrobat
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MLA:
Thomson StreetEvents. "Carrier Global Corp at Morgan Stanley Laguna Conference Summary" Sep 11, 2024. Alacra Store. May 12, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Carrier-Global-Corp-at-Morgan-Stanley-Laguna-Conference-B16111800>
  
APA:
Thomson StreetEvents. (2024). Carrier Global Corp at Morgan Stanley Laguna Conference Summary Sep 11, 2024. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Carrier-Global-Corp-at-Morgan-Stanley-Laguna-Conference-B16111800>
  
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