Joseph Ritchie
Goldman Sachs Group, Inc., Analysis Division
All proper. Welcome to our second session as we speak. We’re actually excited to have Dave Gitlin from Service right here, Chairman and CEO. We even have Mike Rednor, who runs IR.
I do know that, Dave, you wished to open up with some feedback. So the ground is yours.
David Gitlin
Chairman & CEO
Thanks, Joe. Good to see you once more, Joe. And due to Goldman Sachs for internet hosting us.
Service has made nice progress over the past 5 years since our spin. We have made vital portfolio modifications which have led us to the place we’re as we speak: a targeted and balanced world-class local weather and vitality options firm. We’re balanced geographically with 50% within the Americas. We’re balanced by verticals with information facilities being an ideal supply of progress, however we aren’t overly reliant on it. We’ve got an ideal aftermarket enterprise that has been and we count on will proceed to develop double digits per 12 months.
And as we glance forward into 2026, we count on that the 40% of our portfolio that has been rising double digits, aftermarket and business HVAC, will proceed to develop at that tempo. And the shorter-cycle companies, particularly our residential and light-weight business companies, together with truck trailer, are poised for restoration. We have labored laborious to create this differentiated portfolio, and we’re effectively positioned to yield the advantages of it.
Now earlier than the Q&A, Joe, I wish to remind our buyers of our 4 constant themes. First, we proceed to manage the controllables, taking out overhead prices, driving
