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Article: Watsco Reports Third Quarter Results.
- Article from:
- Ecology, Environment & Conservation
- Article date:
- November 13, 2009
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Watsco, Inc. (NYSE:WSO) reported its results for the third quarter and for the nine months ended September 30, 2009. The 2009 third quarter results include Carrier Enterprise, a joint venture formed on July 1, 2009 with Carrier Corporation which added 95 locations to the Watsco network. Watsco's consolidated revenues on a pro forma basis were $3 billion in 2008. Watsco owns 60% of Carrier Enterprise and Carrier owns 40%.
Watsco is the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies in the HVAC/R industry, currently operating 508 locations serving over 50,000 customers in 36 states, Puerto Rico, Latin ...