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Honeywell Lifts 2025 Guidance Following 10.7% Aerospace Sales Jump

A refined business mix focused on aerospace aftermarket services with selective automation reviews supports stronger profit forecasts

A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017.  REUTERS/Denis Balibouse/File Photo
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Overview

  • Honeywell reported adjusted EPS of $2.75 and an 8.1% increase in Q2 sales to $10.35 billion, both surpassing analysts’ forecasts.
  • Aerospace segment revenue climbed 10.7% to $4.31 billion on heightened demand for parts and maintenance services by Boeing and Airbus operators.
  • Full-year guidance was lifted to $10.45–$10.65 in adjusted EPS and $40.8–$41.3 billion in sales, reversing prior downward revisions.
  • The company finalized its $2.2 billion acquisition of Sundyne, agreed to acquire Johnson Matthey’s Catalyst Technologies business for £1.8 billion and divested its PPE unit for $1.3 billion.
  • Honeywell is set to spin off its aerospace business by late 2025 under its transformation plan while conducting strategic reviews of underperforming automation units.