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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 [...]

Posted on Friday, January 27, 2012

Honeywell Tapped to Overhaul Video Surveillance at Niagara Falls Casino

Honeywell was selected to overhaul the video surveillance system at Casino Niagara, one of the top tourism attractions in Canada’s famed Niagara Falls. The project includes retrofitting the existing surveillance network with IP video technology that will allow casino officials to use a single command and control center to view and remotely manage the systems [...]

Posted on Tuesday, December 20, 2011

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 [...]

Posted on Thursday, December 15, 2011

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 – [...]

Posted on Friday, October 21, 2011

Honeywell Chosen by Consumers as the Overall Best Brand of Programmable Thermostats in the U.S., Says Frost and Sullivan Research

Honeywell emerged as the “Overall Best Brand of Programmable Thermostats” in the United States in Frost & Sullivan’s independent research, “2011 U.S. Smart Appliances–A Customer Perspective on Demand-Response.” In the survey of 1,013 U.S. homeowners, 646 owned programmable thermostats and rated various brands on several specific points. Homeowners using Honeywell programmable thermostats rated their thermostats [...]

Posted on Friday, September 23, 2011

Honeywell Opens Office in Brazil to Support Growing Latin American Oil & Gas Sector

UOP LLC, a Honeywell company and a leader in petroleum refining, gas processing, petrochemical and biofuels technologies, and Honeywell Process Solutions (HPS), a provider of advanced automation controls, have opened a new office in Rio de Janeiro, Brazil, to better serve the growing oil and natural gas sector in Latin America. The new office will employ [...]

Posted on Thursday, September 15, 2011