Jake Schell

Jake Schell from BNP asked about the efficiency gains of Garrett's e-compressor, particularly when compared to competing oil-free compressors utilizing magnetic bearing technology. He also inquired about the sources of SG&A cost savings in the current year and potential future opportunities for further reductions.

Answer

Olivier Rabiller (President and CEO) explained that Garrett's oil-free e-compressor offers proven scalability, efficiency gains, improved controllability, and reduced maintenance compared to magnetic bearing and scroll compressors. He attributed SG&A cost savings to ongoing organizational efficiency, system development, and leveraging tools, with expectations for continued improvements.

Jake Schell inquired about the efficiency gains of Garrett's Trane e-compressor, specifically comparing its performance against competing oil-free compressors using magnetic bearing technology. He also asked about the sources of SG&A cost savings in the current year and future opportunities for further reductions.

Answer

Olivier Rabiller (President and CEO) highlighted the proven scale of Garrett's oil-free solution, its efficiency gains, and advantages in controllability and maintenance over magnetic bearing technology. Regarding SG&A, Mr. Rabiller noted continuous efforts in company efficiency, leveraging organizational fine-tuning and system development, with expectations for further step improvements in the coming years.