Ingersoll-Rand Plc at its annual general meeting of shareholders to be held on June 6, 2013, proposes amendment to articles of association to give the board of directors authority to declare non-cash dividends, to expand the authority to execute instruments of transfer and to provide for escheatment in accordance with U.S. laws.

GE Lighting and Trane, a brand of Ingersoll Rand announced a new way for building owners to apply advanced control strategies for lighting, heating and cooling operations with solutions backed by the most well-known names in the industry. GE's LightSweep Modular Lighting Control Solution can now be seamlessly integrated into the Trane Tracer centralized building automation system (BAS)_giving users an integrated approach for implementing advanced control strategies across lighting and HVAC systems. GE's LightSweep Modular Lighting Control Solution allows 'on-off', dimming, group control and scheduling capabilities for indoor and outdoor lighting systems. With the tight connectivity to Trane Tracer, building managers can perform all of these functions and pull energy usage reports remotely from a Web browser. This same platform is compatible with heating and air conditioning controls as well as other building systems. Built on a modular platform, LightSweep allows for seamless upgrades to meet the changing lighting control needs of a small office or global retailer. Simple snap-in control modules can be factory pre-installed in panels or field installed_either in existing panels as expansions or in remote locations for localized control. LightSweep's CLCBnet controller provides integration with a building management system using the BACnet protocol. This controller also provides remote programmability and control, either through dedicated software or via a Web browser. Trane's Tracer BAS is a high performance building automation system based on open standards that integrates building systems for maximum operational and energy efficiency. The system has full mobile capability to allow access and operation of the system from any laptop, tablet or smart phone.

Ingersoll-Rand Plc reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. The company reported net earnings of $88.0 million, or EPS of $0.29, for the first quarter of 2013. First-quarter net earnings included $95.2 million, or EPS of $0.31, from continuing operations, as well as $7.2 million, or EPS of $0.02 of costs from discontinued operations. This compares with net earnings of $95.6 million, or EPS of $0.31, for the 2012 first quarter. Revenues declined by 1% to $3,112 million, compared with revenues of $3,151 million for the 2012 first quarter. Operating income was $193.5 million, compared with $212.0 million for the 2011 first quarter. Earnings before income taxes were $125.5 million compared to $142.4 million a year ago. Earnings from continuing operations were $101.8 million compared to $104.4 million a year ago. Adjusted operating income was $231.2 million, compared with $235.3 million for the 2011 first quarter. Earnings from continuing operations before income taxes were $163.2 million compared to $165.7 million a year ago. Earnings from continuing operations attributable to company was $126.4 million or $0.42 per diluted share compared to $115.3 million or $0.37 per diluted share a year ago. EBITDA was $325.9 compared to $333.3 million a year ago. Net cash used in operating activities of continuing operations was $0.8 million compared to net cash from operating activities of continuing operations $82.2 million a year ago. Net cash used in operating activities was $8.0 million compared to net cash used in operating activities of $16.4 million a year ago. Capital expenditures were $71.4 million compared to $52.9 million a year ago. Second-quarter 2013 revenues are expected to be in the range of $3.8 billion to $3.9 billion. Adjusted EPS from continuing operations for the second quarter of 2013 are expected to be in the range of $1.05 to $1.10, with reported EPS of $0.99 to $1.04 including security business spinoff and restructuring costs equal to approximately $0.06 per share. The second-quarter forecast reflects an ongoing tax rate of 23% for continuing operations and an average diluted share count of approximately 300 million shares. Revenues for the full-year 2013 are expected to be in the range of $14.2 billion to $14.6 billion with full-year adjusted EPS from continuing operations expected to be in the range of $3.45 to $3.65. Costs related to the proposed spinoff of the residential and commercial security businesses and restructuring expenses are expected to be in the range of $0.40 to $0.60 per share. Including these costs, EPS for 2013 continuing operations are expected to be in the range of $2.85 to $3.25. The forecast includes a tax rate of 23% for continuing operations and an average diluted share count for the full year of approximately 300 million shares. Available cash flow for full-year 2013 is expected to approximate $1.1 billion, excluding restructuring expenses and costs related to the spinoff of the security business.