Honeywell Reports First Quarter Sales Up 3% to $7.8 Billion; Earnings Per Share of $0.50

• EPS of $0.68 Excluding Non-Cash Pension Expense, Up 21% versus Prior
Year
• Organic Sales Growth Resumes in Several Short-Cycle Businesses
• Strong Operating Leverage, Margin Improvement In 3 of 4 Businesses
• Raising Full-Year EPS and Cash Flow Guidance

MORRIS TOWNSHIP, N.J., April 23, 2010 — Honeywell (NYSE: HON) today
announced first quarter 2010 sales were up 3% to $7.8 billion versus $7.6
billion in 2009 and earnings were $0.50 per share versus $0.54 per share in the
prior year. Excluding…

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