Trane Technologies plc (NYSE:TT) Q4 2022 Earnings Call Transcript

David Regnery: Yes, I mean, I’ll be very specific. It was, very nervous about what’s coming out of Asia. And so we want to put additional safety stock for anything that’s coming out of Asia. And we think it’s very prudent. It’s about the $40 million range and the reopening there of China specifically, although we’re cautiously optimistic. We just want to make sure that we were reading the tea leaves correctly, and that we did not get caught short of supply.

Operator: And that concludes the question-and-answer session. I would like to turn the call back over to Zack Nagel for any additional or closing remarks.

Zachary Nagle: Thanks operator. I’d like to thank everyone for joining on today’s call. And as always, Pat and I will be available, along with Susan to take any questions that you may have in the coming days and weeks. We look forward to speaking with you then. And also, we’re going to be on the road quite a bit here at conferences in February and into March. And we look forward to seeing you on the road soon. Thanks and be safe.

Operator: And that concludes today’s presentation. Thank you for your participation. And you may now disconnect.