Home / Knowledge / News / Textiles / Honeywell targets double-digit earnings growth by 2018
Honeywell targets double-digit earnings growth by 2018
10
Mar '14
Honeywell will hold its annual investor conference in New York City to outline its new five-year targets (2014-2018) and discuss its continued outperformance and growth strategy. The Company expects 2018 sales to increase organically $7-$12 billion to $46-$51 billion and segment margins to increase 220-370 bps over 2013 levels to 18.5-20.0%. The Company also expects to deliver on its previous five-year targets ending this year.
 
Highlights: 
-Strong Organic Growth Expected In Each of Honeywell’s Four Business Units Highlights New Innovation Process ‘Honeywell User Experience’ and CMMI Level 5 Capabilities
-Margin Expansion Expected To Continue, Targeting Double-Digit Earnings Growth Next 5 Years
-Reinforces Global M&A Strategy, Seeking To Deploy $10 Billion Plus Next 5 Years
-Reaffirms First-Quarter And Full-Year 2014 Outlook, Delivering On Previous Targets
 
“Honeywell continues to outperform,” said Honeywell Chairman and CEO Dave Cote. “The new five-year targets leverage our great portfolio of businesses, our disciplined process initiatives, and our innovation culture that learns, continues to evolve, and performs. With over 99% of the Company’s sales coming from Great Positions in Good Industries - markets where we win with differentiated technology – we’re well positioned for growth by deploying our Honeywell playbook and expanding our global footprint. This is an enviable position to be in.”
 
The Company will also introduce the Honeywell User Experience (HUE), a new approach to the design and development of new products and services. HUE starts with the customer experience and deploys rapid prototyping and other design principles which enable faster cycle time and lead to increased customer value and loyalty. The Company will showcase examples of the exciting new HUE-enabled products that it is delivering to the marketplace.
 
Click here to view more details.
 

Honeywell


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search