Honeywell; Honey Well
First the good news... the world's largest maker of airplane controls,
posted a 22% percent gain in Q1 earnings, sales +11%; beating analysts' estimates, and said annual profit will be at the high end of its earlier range.
Sales at the Automation and Control Systems unit rose 14% on acquisitions and higher demand for energy conservation devices from global building projects.
Automation and control systems overtook aerospace as the largest unit by sales last year, contributing 36% of revenue.
posted a 22% percent gain in Q1 earnings, sales +11%; beating analysts' estimates, and said annual profit will be at the high end of its earlier range.
Sales at the Automation and Control Systems unit rose 14% on acquisitions and higher demand for energy conservation devices from global building projects.
Automation and control systems overtook aerospace as the largest unit by sales last year, contributing 36% of revenue.
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