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Honeywell Reports Full-Year Sales Up 13% to $36.5 Billion; Proforma Earnings Up 35% To $4.05 Per Share; And Reported Earnings Per Share Of $2.61

Honeywell announced fourth quarter and full-year 2011 results as follows: • 4Q11 sales were up 8% to $9.5 billion versus $8.7 billion in 4Q10    – 7% organic growth reflects continued strength in most end markets and the contribution of new product launches and geographic expansion • 4Q11 proforma earnings (excluding the impact of pension [...]

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Honeywell Expanding Turbocharger Portfolio in India

Honeywell Turbo Technologies (HTT), the global leader in automotive turbocharger development, showcased an industry first turbocharger application for micro diesel engines as well as its expanded portfolio of turbochargers featuring global technologies not previously offered in India at the 11th Auto Expo 2012. HTT developed a turbo application with optimized aerodynamics for micro 2-cylinder diesel [...]

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Honeywell Forecasts 2012 Sales Of $37.8-38.9 Billion, Up 4-7%; Proforma Earnings Per Share Of $4.25-4.50, Up 6-12%

Company Reaffirms 2011 Financial Guidance Honeywell announced its 2012 financial outlook including:  • Sales of $37.8-38.9 billion, up 4-7% over 2011 estimated sales         – 4-6% organic growth expected   • Earnings per share (EPS) of $4.25-4.50, an increase of 6-12% over prior year         – Strong sales conversion drives 40-70 basis points margin expansion [...]

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Honeywell’s UOP And PetroChina Produce Green Jet Fuel For China’s First Biofuel Flight

UOP LLC, a Honeywell company, announced that Green Jet Fuel, produced jointly with PetroChina, powered China’s first biofuel demonstration flight. The Air China demonstration flight, which took off and landed in Beijing, used a 50 percent blend of petroleum-based fuel and Green Jet Fuel made from the inedible plant jatropha in one engine of a [...]

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Honeywell’s Third Quarter Sales Up 14% To $9.3 Billion And Earnings Up 45% To $1.10 Per Share

Honeywell announced: • 3Q11 sales were up 14% to $9.3 billion versus $8.1 billion in 3Q10     – 8% organic growth reflects continued strength in end markets • 3Q11 earnings of $1.10 per share, an increase of 45% over $0.76 in 3Q10     – Segment profit growth and margin expansion in all segments     – [...]

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Honeywell Turbochargers Featured in Prominent Frankfurt Motor Show Launches

Honeywell, the global leader in automotive turbocharger development, unveiled its TwoStage compact turbocharger as well as its second generation of gasoline turbochargers at the Frankfurt Motor Show.  The introductions in Frankfurt reflect Honeywell’s unique abilities to provide technology solutions designed for optimal performance across multiple engine platforms. The increase in vehicle launches featuring turbochargers is [...]

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