Honeywell Sets Three-Year Targets Of 4%-6% Organic Growth, 60bps+ Margin Expansion And 10%+ Annual Earnings Growth In Investor Presentation
Honeywell HON | 0.00 |
Honeywell Chairman and Chief Executive Officer Vimal Kapur and members of the leadership team will introduce Honeywell Technologies, provide a new growth and margin expansion framework following the planned separation of Honeywell Aerospace, demonstrate core capabilities and offerings in each strategic business segment, and introduce three-year financial targets that will lay the foundation for the company's future growth.
"We are at a historic moment in Honeywell's transformation as we take the final steps to become a leading, pure-play automation company with innovative offerings that operate in industries where resiliency and reliability are paramount. We have a revamped innovation machine and simplified business model approach, underpinned by our ongoing commitment to operational excellence and strategic capital deployment. Following a three-year process to simplify our portfolio, we have the foundation in place to accelerate profitable growth by leveraging our vast installed base and deep domain expertise in mission-critical environments. We expect our enhanced strategic focus will deliver 4% - 6% organic growth, more than 60 basis points of margin expansion annually, and over 10% earnings growth annually at over 90% free cash flow conversion over the next three years," said Vimal Kapur, Chairman and CEO of Honeywell.
A live video webcast of its investor conference, which begins at 1:00 p.m. EDT, will be available through the investor relations section of Honeywell's website at http://www.honeywell.com/investor, and a replay of this webcast will be available for 30 days following the presentation. The presentation will showcase deep dives into the company's products and solutions, growth drivers, end markets and customer case studies, along with financial targets for Honeywell Technologies and each strategic business segment. The event will also feature extensive technology demonstrations and interactive Q&A with the leadership team.
Earlier this week, the company provided a preliminary 2026 financial outlook for Honeywell Technologies and made several changes to the presentation of its adjusted results that it believes will provide a simpler, more effective basis for explaining the company's operational performance. A link to the presentation materials and replay of the webcast from June 8 can be found at http://www.honeywell.com/investor.
