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Carrier For Immediate Release ● ● Carrier Reports Second Quarter 2021 Results Raises Full Year Outlook for Sales , Adjusted EPS and Free Cash Flow Sales of $ 5.4 billion , up 37 % compared to 2020 including 31 % organic growth GAAP EPS of $ 0.55 and adjusted EPS of $ 0.64 Net cash flow from operating activities of $ 561 million and free cash flow of $ 482 million Increases full - year 2021 sales growth outlook to 14 % to 16 % , 10 % to 12 % organic * Increases full - year 2021 adjusted EPS range to $ 2.10 to $ 2.20 * Increases full - year 2021 expected free cash flow to about $ 1.9 billion * PALM BEACH GARDENS , Fla . , July 29 , 2021 – Carrier Global Corporation ( NYSE : CARR ) today reported financial results for the second quarter of 2021 and updated its full year outlook . Carrier is the leading global provider of healthy , safe , sustainable and intelligent building and cold chain solutions . " I am very pleased with our second quarter results . We delivered strong revenue growth over the second quarters of both 2020 and 2019. Our operational performance also enabled us to meet higher than expected customer demand , " said Carrier Chairman & CEO David Gitlin . " We see secular trends supporting continued growth . We are making targeted organic and inorganic investments to further enhance our differentiation and deliver long - term value to customers and shareowners . Given our first half performance , healthy backlog , and improved expectations for the remainder of the year , we are again raising our full - year guidance for sales , adjusted EPS , adjusted operating margin and free cash flow . " 1