Thursday, February 10, 2011

Ingersoll-Rand 4Q profit climbs 52 percent

NEW YORK (AP) — Industrial company Ingersoll-Rand PLC said Wednesday its profit rose 52 percent in the fourth quarter on greater sales of air conditioning, heating, and transportation products.
The Ireland-based company said its net income grew to $212.1 million, or 62 cents per share, from $139.4 million, or 42 cents per share. Revenue rose 13 percent, to $3.71 billion from $3.28 billion.

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