tiprankstipranks
The Fly

Honeywell says current operating environment presents ‘near-term challenges’

Honeywell says current operating environment presents ‘near-term challenges’

FY25: Says challenging macroeconomic environment and heightened geopolitical tension tempering outlook. Says demand profile remains resilient with record backlog levels. Expects upside potential if demand accelerates for short-cycle products. Says “positive outlook overall,” but prudent to plan for “modest growth.” Comments taken from Q4 earnings conference call.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>