Honeywell Increases Sales to US$9.3 Billion in the First Quarter

Honeywell recently announced its financial results for the first quarter of 2012.

In the first quarter of 2012, Honeywell’s sales were US$9.307 billion, a year-on-year increase of 7% compared to US$8.672 billion in the same period of 2011. Earnings per share increased by 21% to $1.04 per share from $0.86 in the same period in 2011. It is understood that Honeywell’s organic sales increased by 6% in the first quarter compared to the same period in 2011. For the whole year of 2012, Honeywell changed the company's annual earnings per share from the previous $4.25 to $4.50 to $4.35 to $4.55.

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