- Honeywell (HON +2.5%) wants to increase annual revenues to $50B by 2018 from $39.1B last year.
- Ahead of its annual investor day today, the company said it plans to spend $10B on acquisitions that would bring in $5-8B in sales; excluding any deals, the firm expects revenues to increase by $7-12B.
- Honeywell also forecasts that earnings will grow at a double-digit pace in percentage terms over the next few years, and it aims to increase segment profit margins by 18.5-20% from 16.3% in 2012. (PR)
From other sites
Video at CNBC.com (Jun 4, 2015)
Video at CNBC.com (May 5, 2015)
at CNBC.com (Mar 6, 2015)
Video at CNBC.com (Mar 6, 2015)
at CNBC.com (Mar 4, 2015)
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