The company faces litigation risks, including asbestos-related bankruptcy cases for deconsolidated subsidiaries (Aldrich and Murray). Environmental liabilities, product liability, and tax audits are also potential risks. Economic downturns, supply chain disruptions, commodity price increases, and geopolitical instability could negatively impact operations and financial results. Contingent consideration liabilities related to acquisitions are subject to uncertain outcomes.
Financial Upside
Strong demand in the Americas and EMEA commercial HVAC markets, price increases, and acquisitions are driving revenue growth. The company's 2030 sustainability commitments and investments in innovation and new products/services are expected to fuel future growth. Repurchases of ordinary shares and dividend increases are also positive factors.
