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

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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