Johnson Controls Raises FY2026 Outlook Following Strong Q3 HVAC Growth IRELAND: Johnson Controls delivered strong third-quarter fiscal 2026 results, driven by sustained demand for applied HVAC systems and mission-critical building solutions. Total sales increased 9% year-on-year to US$6.6 billion, while Applied HVAC remained the key growth driver across the Americas and Asia-Pacific. Organic orders rose 27%, and backlog reached a record US$21.0 billion, supported by continued

LIXIL Reports Higher Q1 Revenue, Maintains Full-Year Outlook Despite Profit Decline JAPAN: LIXIL reported Q1 FYE2027 revenue of approximately US$2.53 billion, up 4% year-on-year, driven by strong international sales, particularly in Europe and the Middle East. However, core earnings fell to around US$11 million as rising raw material costs, especially aluminium, weighed on profitability in Japan. The company posted a net loss of approximately US$23 million during the quarter

Ariston Group Confirms 2026 Outlook After Strong Q2 Revenue and Margin Growth ITALY: Ariston Group reported second-quarter 2026 net revenue of approximately US$797 million, up 7.4% year-on-year, driven by robust demand for heating products, particularly heat pumps. Adjusted EBIT increased 28.3% to around US$45 million, supported by margin expansion and operational efficiencies. For the first half of 2026, revenue reached approximately US$1.55 billion, while adjusted EBIT rose

Villeroy & Boch Maintains 2026 Outlook Despite Challenging Market Conditions GERMANY: Villeroy & Boch reported first-half 2026 revenue of approximately US$744 million, down 12.4% year-on-year from US$849 million, reflecting portfolio changes and geopolitical challenges. Adjusted for divestments and currency effects, revenue declined 7.4%, while the order backlog increased. Operating EBIT fell to around US$40.4 million from US$55.9 million, and the company recorded a net loss

Zehnder Group Reports Strong Ventilation Growth, Confirms 2026 Outlook SWITZERLAND: Zehnder Group reported first-half 2026 sales of approximately US$455.2 million, up 3% year-on-year, driven by strong demand in its ventilation business. Ventilation sales increased 7% to around US$313.7 million, accounting for 69% of total revenue, while adjusted EBIT rose 15% to approximately US$43.5 million, delivering a 9.5% margin. Net profit increased 2% to about US$27.5 million, despite

Finkemeier Holding Acquires 49% Stake in Luxury Kitchen Maker Eggersmann GERMANY: Germany-based luxury kitchen manufacturer Eggersmann has announced that Finkemeier Holding, the family-owned owner of Häcker Küchen, has acquired a 49% stake in the company through a capital increase. The strategic investment is expected to strengthen Eggersmann's long-term growth by supporting investments in digitalisation, manufacturing, supply chain resilience and international expansion. Des

TCL Launches VoxIN JetMax Air Conditioner in UAE to Strengthen Home Appliance Expansion UAE: TCL has launched its VoxIN JetMax split air conditioner in the UAE, expanding its presence in the home appliance market with a product engineered for the Gulf’s extreme climate. Designed to perform in temperatures exceeding 45°C, the system features a Dual Jet Compressor capable of cooling a room from 35°C to 18°C in 30 seconds and maintaining operation in outdoor temperatures above 7

AO Smith Reports Stable Q2 Sales, Reaffirms 2026 Outlook UNITED STATES: AO Smith reported second-quarter 2026 net sales of US$1.0 billion, broadly unchanged from the previous year, while adjusted earnings per share declined 4% to US$1.03. North America sales increased 5% to US$821 million, supported by 3% organic growth, a 21% increase in boiler sales and a US$16 million contribution from the Leonard Valve acquisition. In contrast, Rest of World sales fell 19% to US$195 milli

Carrier Raises 2026 Outlook Following Strong Q2 Performance UNITED STATES: Carrier Global Corporation reported second-quarter 2026 revenue of US$6.35 billion, up 4% year-on-year, supported by strong global orders, particularly in commercial HVAC and data centres. Adjusted earnings per share reached US$0.86, while operating cash flow totalled US$927 million and approximately US$640 million was returned to shareholders through dividends and share repurchases. Despite margin pre

European Commission Unveils Electrification Plan to Accelerate Heat Pump Adoption EUROPE: The European Commission has published its Electrification Action Plan, outlining measures to accelerate electrification across the European Union and reduce dependence on imported fossil fuels. The strategy identifies efficient electrification as a key driver of energy security, industrial competitiveness, lower energy costs and decarbonisation. For the HVAC/R sector, the Commission conf

Trane Technologies Raises 2026 Outlook After Strong Q2 Results IRELAND: Trane Technologies reported strong second-quarter 2026 results, with revenue increasing 11% year-on-year to US$6.4 billion, supported by robust commercial HVAC demand and record bookings. Organic bookings rose 37%, while backlog reached a record US$12.1 billion, led by a 90% increase in Americas Commercial HVAC. Adjusted continuing earnings per share increased 11% to US$4.31. The company generated US$1.6

Masco Reports Higher Q2 Profit, Lifts Full-Year 2026 Earnings Forecast UNITED STATES: Masco Corporation reported second-quarter 2026 net sales of US$1.99 billion, down 3% year-on-year, reflecting softer demand across its Plumbing Products and Decorative Architectural Products businesses. Despite lower revenue, the company delivered stronger profitability, with adjusted operating margin rising to 24.2% and adjusted earnings per share increasing 26% to US$1.64. Improved operati