Ingersoll-Rand PLC (IR) Q4 2019 Earnings Call Transcript

  • Date: 30-Jan-2020
  • Source: The Motley Fool
  • Sector:Financial Markets
  • Country:GCC
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Ingersoll-Rand PLC (IR) Q4 2019 Earnings Call Transcript

[Operator Instructions] I would now like to hand the call over to Zac Nagle, Vice President of Investor Relations.. Joining me on today's call are Mike Lamach, Chairman and CEO and Sue Carter, Senior Vice President and CFO.. Also joining today's call is Chris Kuehn, Vice President and Chief Accounting Officer, who we recently announced will be succeeding Sue Carter as Chief Financial Officer after her planned retirement post-closing of the Reverse Morris Trust transaction with Gardner Denver in early 2020.. With that, please go to Slide 3 and I'll turn the call over to Mike.. Turning to Slide 3, I'd like to start out today's call with a brief overview of our global business strategy that's enabling us to consistently deliver strong financial results for our shareholders.. We delivered top quartile performance with organic revenue growth of 6%, 70 basis points of adjusted operating margin expansion and free cash flow generation of $1.8 billion or 118% of adjusted net earnings.. We invested heavily in our core business, acquired precision flow systems, entered into a game-changing RMT transaction with Gardner Denver, repurchased $750 million in shares and continue to pay a strong dividend to our shareholders; executing against all elements