Reaffirms 2012 revenues of $14.0 to $14.4B and EPS of $2.90 to
Ingersoll-Rand plc (NYSE:IR), a world leader in creating and sustaining
safe, comfortable and efficient environments, will discuss the company's
growth and productivity strategies today during its annual analyst and
investor meeting. Michael W. Lamach, chairman, president and chief
executive officer, will discuss the company's long-term strategy.
"I am confident that we are well positioned to grow revenues, earnings
and cash flow in 2012 and beyond," Lamach said. "Our portfolio of
market-leading brands, competitive positioning, penetration in emerging
markets and ability to generate cash will enable us to meet the high
aspirations we have for the company."
The company reaffirms its previously stated 2012 revenue outlook of
$14.0 to $14.4 billion. Full-year earnings per share (EPS) from
continuing operations are expected to be in the range of $2.90 to $3.10.
The meeting will begin at 8:00 a.m. ET and take place at Ingersoll
Rand's corporate center in Davidson, N.C.
A real-time, listen-only webcast of the meeting will be broadcast over
the Internet. Individuals wishing to listen can access the meeting
through the company's website at ingersollrand.com.
Presentation slides for the event will be made available on the
company's website prior to the start of the webcast. A replay of the
event will be available from the company's website later that day.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by creating and
sustaining safe, comfortable and efficient environments. Our people and
our family of brands--including Club Car®, Ingersoll Rand®, Schlage®,
Thermo King® and Trane® --work together to enhance the quality and
comfort of air in homes and buildings, transport and protect food and
perishables, secure homes and commercial properties, and increase
industrial productivity and efficiency. We are a $14 billion global
business committed to a world of sustainable progress and enduring
results. For more information, visit ingersollrand.com.
This news release includes "forward-looking statements," which are
statements that are not historical facts, including statements that
relate to our future financial performance, including 2012. These
forward-looking statements are based on our current expectations and are
subject to risks and uncertainties, which may cause actual results to
differ materially from our current expectations. Factors that could
cause such differences can be found in our Form 10-K for the year ended
December 31, 2011 and in our other SEC filings. We assume no obligation
to update these forward-looking statements.
Misty Zelent, 704-655-5324