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Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2025 Results; Robust Bookings and Backlog Provide Strong Visibility Entering 2026

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Highlights (fourth-quarter 2025 versus fourth-quarter 2024, unless otherwise noted): Organic bookings up 22 percent, led by Americas Commercial HVAC, up more than 35 percent Record backlog of $7.8 billion, up 15