Reuters logo
BRIEF-Honeywell says looking at 3-5 things "very seriously" from M&A perspective - Conf call
July 21, 2017 / 3:00 PM / 3 months ago

BRIEF-Honeywell says looking at 3-5 things "very seriously" from M&A perspective - Conf call

July 21 (Reuters) - Honeywell International Inc

* Honeywell says it will likely continue to see softness in its mobility business, part of its safety and productivity solutions unit, until early 2018

* Honeywell says expects margin growth in its HBT business for 2017, and further enhancements in 2018

* Honeywell says good portion of restructuring funds that co allocated in Q2, went to its HBT business

* Honeywell says its has 3-5 things it is looking at “very seriously” from M&A perspective

* Honeywell says hopefully co will have some additions to its business portfolio in the second half of 2017

* Honeywell CEO says “we have a slight preference for overseas M&A, versus domestic”

* Honeywell CEO on aerospace unit spin off - Still targeting early fall of 2017 to have some clarity around co’s portfolio Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below