Honeywell Reports Strong Building Automation Sales Amid Middle East Conflict Impact
Honeywell reported a 2% increase in first-quarter sales to $9.1 billion, driven by strong performance in its building automation segment, which saw an 8% growth. The company noted that the ongoing conflict in the Middle East is affecting other parts of its business, with an estimated 1% revenue impact due to logistics delays.
Tickers: $HON
Topics: Building Automation Data Center Growth Earnings Report Middle East Conflict Impact Sales Growth