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Honeywell says ‘good finish’ to 2024, portfolio execution in ‘high gear’

Honeywell says ‘good finish’ to 2024, portfolio execution in ‘high gear’

Says ended 2024 with record backlog of $35.3B, up 11% and up 6% excluding the impact of 2024 acquisitions. For FY25 sees: U.S. growth steady; High growth regions will continue to be a source of differentiation; Some automation headwinds in Europe and China. Says “committed” to reducing share count by at least 1% in FY25.

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