| United Technologies
Earnings Call |
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United Technologies First Quarter Earnings Call
22nd April 2008 00:00 AM |
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| Revenues were up 12% to $13.7 billion from $12.3 billion in 2007, driven by the strong performance across the businesses. |
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| The provider of high technology products and services to the building and aerospace industries realised earnings of $1 billion or $1.03 a share, up 26% from $819 million or 82 cents over last year revenue growth. The results reflect the resilience of the business model, with its focus on global growth through market leading franchises and cost reduction through the implementation of the ACE operating system, despite a softening economic environment. |
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United Technologies Fourth Quarter Earnings Call
28th January 2008 00:00 AM |
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| Net income increased to $1.06 billion or $1.08 per share as against $865 million or 87 cents a share in the previous year. |
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| The provider of technology products and services reported revenue of $14.7 billion, up 15% over the previous year, with favorable foreign exchange accounting for 5% and organic growth accounting for 8%. The Q4 results include a net 4 cents a share charge, driven by non-US tax law changes and restructuring program. In the quarter, Sikorsky won a $7.4 billion five-year production contract, the largest contract in UTC''s history, for 537 U-860 helicopters for the US Army and Navy. |
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United Technologies Fourth Quarter Earnings Call
28th January 2008 00:00 AM |
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| The net income was $865 million, an increase of 20% over the previous year quarter. |
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| The leading provider of technology products and solutions reported revenue of $12.8 billion, an improvement of 14% over last year. For fiscal 2006, the restructuring costs totaled $288 million, with the fourth quarter accounting for $82 million. The acquisition of Page Aerospace by Hamilton Sundstrand, Red Hawk by UTC Fire & Security, and Longville Group by Carrier were completed during the fourth quarter, leading to acquisition spending of $514 million. |
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United Technologies First Quarter Earnings Call
11th January 2008 00:00 AM |
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| The net profit rose to $819 million or 82 cents per share as against $768 million or 76 cents per share in the prior year quarter. |
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| The provider of technology products and services to building systems and aerospace industry reported revenue of $12.3 billion, up 16% from $10.62 billion in the prior year quarter. United Technologies was fined to total of approximately $300 million for the Otis EU matter. The fine was partially offset by related reserves with the net charge at roughly 20 cents per share. For fiscal 2007, the firm continues to expect the earnings per share to be in a range of 4.05 to 4.20. |
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