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Honeywell Sales Up 3% in 2018

Honeywell (NYSE: HON), Morris Plains, NJ, reported sales for 2018 of $41.8 billion, up 3 percent over 2017. Profit was $6.8 billion, compared to $1.5 billion in 2017.

Aerospace segment sales grew 5 percent during 2018, home and building technologies sales fell 5 percent, performance materials and technologies sales were up 3 percent, and safety and productivity solutions sales were up 12 percent.

For the fourth quarter, the company reported sales of $9.7 billion, down 10 percent year-over-year. Profit was $1.7 billion, compared to a loss of $2.5 billion for the same period in 2017.

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