Ingersoll Rand Reports Record Third-Quarter 2022 Results (Excerpt)

DAVIDSON, N.C.--(BUSINESS WIRE)-- Ingersoll Rand Inc. (NYSE: IR) reported record third-quarter orders and revenue.
 
“Once again, we delivered robust quarterly earnings results despite broad macroeconomic headwinds, demonstrating the resiliency of our business,” said Vicente Reynal, Chairman and CEO. “We secured a record third quarter through strong growth across multiple metrics driven by our agility and continued commitment to our operational excellence model, IRX. We also announced six highly-strategic bolt-on acquisitions in the quarter that strengthen our position in core categories and broaden our exposure to high-growth, sustainable end markets. We continue to deliver innovative products and solutions for our customers, enabling our above-market performance and ability to raise our full-year 2022 guidance.” Reynal added, “Aligned to our strategic imperative to Lead Sustainably, we are also very proud to announce recognition by S&P Global that as of October 21st, Ingersoll Rand performed in the top 1% globally of companies in our industry in the S&P Global Corporate Sustainability Assessment. Sustainability continues to be a key growth enabler for our company and fuels our purpose of making life better.”