Highlights (versus Q2 2015 unless otherwise noted):
? Company-wide operational execution delivers adjusted continuing EPS up 15 Percent
? Strong cash conversion with year-to-date free cash flow* of $348 million
? Record Q2 operating margins of 13.7 percent – up 1.1 percentage points
? Share growth drives revenues up 2 percent; organic revenues* up 3 percent
? Record Climate bookings, continued weakness in Industrial
? Company increases guidance range for full-year 2016 EPS from continuing operations to $5.47 to $5.57 and adjusted EPS to $4.00 to $4.10
“Ingersoll Rand delivered another strong quarter with top-quartile EPS growth, continued expansion of our enterprise operating margins and excellent free cash flow,” said Michael W. Lamach, chairman and chief executive officer. “We continue to invest in strategic growth programs that deliver long-term performance. Our performance in the quarter underscores the
strength and diversity of our portfolio and the quality of execution by the Ingersoll Rand team.”
http://investor.shareholder.com/common/download/download.cfm?companyid=IR&fileid=901462&filekey=55A068AF-DBB1-44DB-8EED-5C59C4273E78&filename=2Q_Earnings_Release_and_Tables_Final.pdf
