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Honeywell says executing on M&A playbook; Accelerating capital deployment
The Fly

Honeywell says executing on M&A playbook; Accelerating capital deployment

Says on track to surpass commitment to deploy $25B+ of capital through 2025. Says met or exceeded initial 2023 guidance across all metrics. Says confident in strength of backlog. Says aligning segments to three key megatrends: automation, the future of aviation, and energy transition. Says robust M&A pipeline a focus while maintaining opportunistic share repurchases. Expects Aerospace unit to be strongest top line grower in 2024. Expects Aerospace supply chain to improve gradually throughout 2024. Says 2024 outlook in line with long-term framework. Comments taken from Q4 earnings conference call.

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