Sales down 5% in Q1 for Honeywell

摘要

Charlotte, North Carolina-Honeywell, the diversified conglomerate whose portfolio includes blowing agents, generated sales of $8.5bn in the first quarter of 2020. This is down 4.74% on the same period last year. Pre-tax income across the business rose 5.0%, and reached $1.9bn in the first quarter of 2020. 'Honeywell delivered our original earnings commitment for the first quarter, despite the substantial challenges we faced due to the coronavirus pandemic,' said CEO Darius Adamczyk.