Company Sees Recovery and Growth Beginning in 2010
MORRIS TOWNSHIP, N.J., February 22, 2010 — Honeywell (NYSE: HON)
today announced that it expects approximately 6-8% compound annual sales growth
over the next five years and is targeting segment margins in the range of
16-18% in five years. The company also expects continued strong cash flow
generation over that time period.
“Honeywell is a very different and much better company today,” said Honeywell
Chairman and Chief Executive Officer…
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