SOURCE: Industrial Info Resources

December 16, 2008 07:00 ET

Honeywell's Sales Up in 2008, but Expectations Are Low for 2009, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - December 16, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- On December 15, global diversified manufacturing company Honeywell International Incorporated (NYSE:HON) (Morris Township, New Jersey) discussed its outlook for the coming year. Although Honeywell is certainly expecting a slower 2009, on the whole, 2008 has not been as devastating as it has for other companies. Chief Financial Officer David Anderson said during a conference call that "2008 has been a very good year for Honeywell in an increasingly tough economic environment." Total sales for the company showed 6% growth, moving from $34.6 billion in 2007 to an estimated $36.6 billion in 2008.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=142135, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

Related News Articles

In Midst of Strong Third-Quarter Profits, Honeywell Braces for a Global Slowdown

National Semiconductor Cuts Revenue Forecast by 30% as Demand Declines with Economy

Honeywell Aerospace Announces Expansion of Indian Operations to Boost Manufacturing Base

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147