So on a GAAP basis, our second-quarter earnings per share is $1.53. So that was like 150 million, 170 million. You will find a bridge of our EPS in the appendix of this presentation. Got it. So that one for us is really tough to call. As we previewed in May, repositioning was significantly higher than the second quarter of last year, driving a $0.19 headwind below the line. Yes. A lot of those are very fast payback, less than -- think about less than a year kind of paybacks. Cumulative Growth of a $10,000 Investment in Stock Advisor, Honeywell International (HON) Q2 2020 Earnings Call Transcript @themotleyfool #stocks $HON, Why You Should Buy Aerospace Stocks on Weakness in 2021, 2 Dividend Stocks That Should Beat the Market (Again) in 2021, Looking for a Dependable Stock? We do expect air transport flight hours to begin recovering from second quarter lows though sequential improvements in commercial aftermarket sales due to flight hour improvements may be offset by the impact of used serviceable material and rotation of fleets. We have launched new bottles and vials called Aclar Edge that enable ultra-high moisture barrier without the limitations of glass. of prom. To address the urgent need for PPE, we are significantly growing our personal protective equipment business. OK. Fair enough. Thank you for listening, and please stay safe and healthy. Vertical Research Partners Global Industrials Conference. Steve Tusa — J.P. Morgan — Analyst The business had revenue of $7.80 billion for the quarter, compared to analyst estimates of $7.65 billion. You're making that push on the organic side. Deutsche Bank Industrials Conference Presentation. Greg Lewis -- Senior Vice President and Chief Financial Officer. I suppose is kind of the question. Let's turn to Slide 3 to discuss the work we've done to pivot our business, given the current environment and emerging customer needs. Returns as of 01/14/2021. We booked 1.2 billion this past quarter. Which is obviously the upper end of the markets. We are focused on continuing to perform for our shareowners, our customers and our employees in any environment. I mean, I think -- look, I mean, 33%, given the sudden kind of stop in our business, I actually view is pretty good, given that we have aerospace exposure and oil and gas exposure. I mean, the M&A environment is just a little bit slower just because everybody is focused on battling the crisis. Mask's a part of it, but it's other PP&E. Our capex in the second quarter included the first tranches of investments that we are making to produce N95 masks to support the coronavirus relief efforts. We remain cautious heading into the second half of the year as there are still many unknowns. Q3 20 Guidance. ... Q2 2020 Honeywell Earnings Conference Call Presentation. And so that may create some challenges in the back half of the year if we start seeing additional bankruptcies. In terms of business aviation aftermarket, we expect it to be slightly better than it was in Q2. Our aggressive deployment of repositioning funds, $250 million in the quarter and $325 million in the first half, is serving us well. Because the level of the leisure traveler is actually a little bit better than expected. The ACS business will be split into two new segments: Home and Building Technologies, and Safety and Productivity Solutions. We are anticipating that government defense budgets will remain intact, and we expect continued growth in Defense & Space. Thanks for squeezing me in here. Aerospace. At a very high level, how do you think the post-COVID world looks for the categories you play in? We recognize that these steps are a starting point, not an end, and we are committed to continuing to make progress. Yes. Copyright © e-Eighteen.com Ltd. All rights reserved. I would now like to turn -- introduce your host for today's conference, Mark Bendza, vice president of investor relations. In UOP, sales were down 25% organically driven by declines in gas processing, lower licensing and lower catalyst shipments due to weakness in the oil and gas end market. It's wearing PPE, temperature monitoring, clean air quality, all these elements are part of that connected buildings offering, which we're now augmenting even more with a broader focus on kind of creating a healthy environment for the office worker. The company reported a second-quarter sales decline of 19%, down 18% organic, operating margin contraction of 550 basis points, and segment margin contraction of 280 basis points, with … However, we effectively managed with the strong operational execution that our stakeholders have come to expect of us. The next few quarters will continue to be unpredictable, and our visibility has limits under the current circumstances. We'll continue to evolve our community relations programs and partnerships with key external organizations to promote diversity, equality and opportunity for all. Get Honeywell Automation latest Half Yearly Results, Financial Statements and Honeywell Automation detailed profit and loss accounts. There are a number of factors beyond our control in the current environment. We are rapidly addressing our end market and customer needs through innovation and mobilization of resources across the organization. And then into 2021, we're going to continue to see improvement. Honeywell International (NYSE:HON)Q2 2020 Earnings CallJul 24, 2020, 8:30 a.m. HONEYWELL INTERNATIONAL INC. company earnings calendar and analyst expectations - Upcoming and past events | Nyse: HON | Nyse ... Quarterly results: 2018 Q2: 2018 Q3: 2018 Q4: 2019 Q1: 2019 Q2: 2019 Q3: 2019 Q4: 2020 Q1: 2020 Q2: 2020 Q3: 2020 Q4 (e) 2021 Q1 (e) 2021 Q2 (e) 2021 Q3 (e) 2021 Q4 (e) Sales M $ Released Forecast Spread: 10 919 10 793 So that's an evolution in our HBT strategy, and I think we're going to -- it's going to be that much more effective because we're going to be that much closer and more intimate with those customers and their needs. We expect that to grow again. We're working on exactly that type of a solution which treats the air with ultraviolet light and obviously results in a much higher air quality than anything out there. I am very proud of the part we are planning to keep people safe and healthy by providing new solutions for urgent customer needs. And I'm confident we will emerge from this crisis even stronger than ever. I mean, I think the only -- Jeff, the only unknown is sort of timing because the permanent ones, the timing isn't perfectly predictable, and some of it may move sooner, some of it may move later. No, that's fine. 6/9/2020. Andrew, I'd say -- well, first of all, it's more than masks, right? And the good news about that is, even in an environment like we had in Q2, which was an all-time worst for Honeywell, I mean, literally it was probably the worst quarter, hopefully, I'll ever see, 26% growth gives you the kind of traction we're gaining in this segment. At this time, I'd like to turn the conference back to Mr. Darius Adamczyk for any additional or closing remarks. No. Q2 20. Revenue: Honeywell Automation India Limited's financial report shows that the company's revenue increased by 2.65% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.0.20 billion, as the company posted revenue of Rs.7.74 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.7.54 billions. That's because we did do some smart things to reduce capex in places where things were slowing. The order growth in Intelligrated is pretty dramatic and not a total surprise, but they're big numbers. And so how should we be thinking about like how much of the benefits are actually coming through in 3Q versus what came through in 2Q? Because we do think, obviously, flight hours are going to be better in Q3 versus Q2. And even if this recession hadn't hit, we always had a challenging -- now you -- mix going into it. On the topic of M&A, we are pleased to welcome Emily McNeal to Honeywell this quarter as our new senior vice president, corporate development, and global head of M&A, who will be responsible for maintaining and building our robust pipeline of acquisition opportunities that are strategically well positioned to accelerate Honeywell's growth. CHARLOTTE, N.C., July 24, 2020 -- Honeywell (NYSE: HON) today announced results for the second quarter of 2020, which were significantly impacted by the COVID-19 pandemic and oil price volatility. So we have big hopes, and double-digit growth rates are an expectation. Obviously, you have some mechanical components. Honeywell International last posted its quarterly earnings results on October 30th, 2020. We will intensify our focus on the recruiting, retention and development of women, veterans and minority groups. We identify the principal risks and uncertainties that may affect our performance in our annual report on Form 10-K and other SEC filings. Yes. Nifty 12,263.55 143.25. of shares (as a % of the total sh. We feel like the defense budget, as you highlighted, is still fairly robust. Thank you, Mark, and good morning, everyone. No. In combination, we expect Aerospace sales once again to be down more than 25% compared to the third quarter of 2019. John Inch -- Gordon Haskett Research Advisors -- Analyst. Thank you, good morning everyone. And due to prudent cost management and commercial excellence, we were able to limit decremental margins at 33% overall and expand margins in HBT and SPS. In the U.K., we created a new manufacturing line capable of producing a significant amount of masks at our Newhouse site in Scotland, which will assist the U.K. government's response to the COVID-19 pandemic, as well as service the European -- serve the European region. And that's why it's hard for us to give precise guidance because these things are unknowns. And if you think about a low to mid-70s reduction year over year in Q2, we kind of estimated Q3 to be something in the, call it, 50s or something of that nature, which actually may be a little bit aggressive. ... For Honeywell Automation India Limited Farah Irani Company Secretary Encl: A/a . It's closer to double digit. So we kind of have, think about a 50-50 or something in that kind of a split that we approximate. But I think there's a couple of really important things to remember. So our total capex for the year is going to be 900 million even this year. And we already made a commitment that we're going to at least keep share count flat from here, which is new news, and we're going to kind of take a look at what opportunities are out there in the second half. You get that on the New York City subway, the economy might actually come back. Makes sense. Honeywell Autom Standalone March 2020 Net Sales at Rs 704.26 crore, down 13.08% Y-o-Y 05.02.2020 Honeywell Autom Standalone December 2019 Net Sales at Rs 901.20 crore, up 11.01% Y-o-Y But we think that that may open up a little bit more here in the second half, and we hope to be active. We are very excited to have Emily on board. This increase in repositioning in the second and third quarters will drive higher repositioning cash outflows in the second half of the year, putting pressure on our free cash flow. Now you combine that with kind of a push out of a lot of the catalyst refills, push out of projects. I just glanced the K, it looks like you started the year with 113,000 employees. And Scott, I think this is an important data point I just want to give you, and I think it's one to remember. Let's wrap up on Slide 9. And we only spent about 370 million in the first half. And again, at the midpoint of our 1.4 billion to 1.6 billion, you can kind of use the 1.5 billion number, extrapolate that 60 to 70% from there. or medium without express writtern permission of moneycontrol.com is prohibited. 24, 2020 Honeywell International Inc. 2020 Q2 - Results - Earnings Call Presentation Our personal protective equipment backlog is now also up triple digits, and our total SPS backlog is at an all-time high. But overall, the backlog position improved, which I think was a pretty good sign. I mean it was great strategic move on your part on respiratory protections. But, a, you kind of saw the kind of working capital performance we have. 4/20/2007. And a slowdown in original equipment build rates, in addition to the 737 MAX impact in air transport, impacted commercial OE more broadly. And any other major swing factors in the second half that we should think about. And that would seem to be like a pretty big deal if you could actually extrapolate that. I would say maybe last, it's less about masks, but a little bit more about steering the business toward serving the medical segment. However, our diversified portfolio and significant balance sheet strength will continue to provide resilience in these uncertain times. As we highlighted in our May call, the second quarter presented significant challenges. The macro conditions continue to put pressure on other SPS businesses, including sensing and IoT, gas sensing and productivity products, where we expect to see declines in the third quarter. The $15 billion of cash and short-term investments compares to only $3.5 billion of commercial paper and $800 million of long-term debt coming due within the next year. We are capturing new growth opportunities by providing innovative solutions for new customer needs, and our operational rigor will continue to serve us well. Sales were down 27% on an organic basis as the steep reduction in flight hours lowered commercial aftermarket demand. Yes. Yes. Well, I think I'm not ducking the question because, frankly, we're creating the market. Yes. In the second quarter, we issued $3 billion in long-term debt instruments with maturities in 2025, 2030 and 2050, replacing a portion of the term loan financing which we reduced commensurately from $6 billion to $3 billion. First and foremost, the severity of increasing COVID infections and the potential for additional lockdowns is still very fluid and could have significant impacts on the macroeconomic environment. It's just -- it's because we simply can't call the timing of that perfectly. NSE Gainer-Large Cap . They may not be in Q3, but I would expect the 1 -- we talked about 1.4 billion to 1.6 billion as a range with 700 million already achieved in the first half of the year. And we also were able to bring down some of our pass-through receivables. This morning, we will review our financial results for the second quarter of 2020 and share our views on the third quarter of 2020. At Honeywell, we're transforming the way the world works, solving your business's toughest challenges. We acted quickly and responsibly to make structural changes to our cost base during the quarter. of shares (as a % of the total Share Cap. And again, we're happy with the work that we've done, particularly around receivables management. Access to customer sites will likely remain inconsistent, especially in high-growth regions, including India and Middle East. We committed approximately $250 million of incremental growth capital expenditures compared to our previous allocated budget for new projects to accelerate our investments in Safety Products, Intelligrated and other growth opportunities. The pandemic-led issues will likely get reflected in its Q2 results. I think that we're going to be making further investments in people, further investments in capacity. And keep in mind that we also had some orders back all the way from Q1 that we still filled in Q2. But just our own installed base is vast. So this isn't just masks. Financial Results for the quarter ended March 31, 2020 (refer ‘Other Matters’ section below), which were subject to limited review by us, both included in the accompanying “Statement of Financial Results for the Quarter and Year Ended March 31, 2020 of HONEYWELL AUTOMATION Overall, this was a very challenging quarter, but we continue to execute, managing costs and our cash flow with the discipline and rigor you can expect from Honeywell. But I don't think it's necessarily just a pure correlation. Just on Aerospace. I don't think it's going to be dramatically better in Q3, but we do expect modest improvement in some of the -- in that 33%. And I think it's very possible that we could be adding even more capacity here in the second half of the year. As we've previously discussed, we entered 2020 with a healthy backlog of global mega projects in HPS, which was still up over 80% year over year for the second quarter, and we expect these projects to continue to convert over the next few quarters. I think Aero is the toughest to call because of the uncertainty around the mix that I talked about, particularly in air transport aftermarket, which is, as you can imagine, a very interesting and higher-margin revenue stream. Beyond masks and other PPE, we are innovating to provide creative solutions for new areas of customer demand. It's building occupancy optimization. I mean, can you help us size it a little bit? So there's a lot of moving pieces here, and I think the ATR aftermarket component is the toughest one to call. They may be modified or even abandoned at any time. Could you give us orders for the other three segments in the quarter? Correct? And then as I mentioned, we're backfilling that with some of our fixed -- or sorry, more permanent actions. Yes. I think -- yes, we've been doing that gradually. Darius or Greg, though, given that some of the stuff is kind of in flight over the course of the year here, just wondering if you could give us a little bit of feel of kind of what the carryover positive effects of this Phase 1 and Phase 2 would be as we look into next year. This includes growth opportunities in the plastic circular economy, energy storage, gas decarbonization and renewable fuels. So we spent about $170 million of cash repositioning in the first half of the year. Fluorine products sales into the automotive end market improved sequentially by month throughout the quarter as automotive plants began to reopen. In the second quarter, we made numerous investments in newly emerging growth opportunities. Our total Honeywell backlog actually is up 3%, and even the PMT backlog is up 2%. In Performance Materials and Technologies, sales were down 17% on an organic basis. We deployed $650 million to dividends and approximately $225 million to capex in the quarter. And we don't think that that's like decades away. And you could very easily see it being sequentially down. And I think from an investment perspective, I would just add that we're nearly doubling our growth capex from our original plans because I -- to be honest, I haven't seen IRRs ever that were triple digit. Very clear on the cost out, what you expect to deliver in 2020. Let me be clear. Yes, and that will become much, much clearer 90 days from now as we get through the third quarter. PMT segment margins contracted 460 basis points in the second quarter driven by the impact of lower sales volumes, partially offset by cost actions to improve productivity. Next question comes from Andrew Obin with Bank of America. So we're cutting in some areas because we have to, but we're actually adding a lot of people in others. CHARLOTTE, N.C., July 24, 2020 -- Honeywell (NYSE: HON) today announced results for the second quarter of 2020, which were significantly impacted by the COVID-19 pandemic and oil price volatility. Yes. Items & Tax, Promoters and Promoter Group Shareholding, - Per. These are high-return investments expected to generate triple-digit IRRs. Honeywell International Inc Q3 2020 earnings call dated Oct. 30, 2020Corporate Participants: Mark Bendza — Vice President of Investor Relations. That gives you the kind of growth profile that we're seeing in that business. 9/9/2020. Scott Davis -- Melius Research -- Analyst. .ar{fill:#eb6135;stroke:#b24226;}.br,.dr{fill:none;}.br{stroke:#fff;}.cr{stroke:none;}, Honeywell Autom Standalone June 2020 Net Sales at Rs 736.23 crore, down 14.1% Y-o-Y, Honeywell Autom Standalone March 2020 Net Sales at Rs 704.26 crore, down 13.08% Y-o-Y, Honeywell Autom Standalone December 2019 Net Sales at Rs 901.20 crore, up 11.01% Y-o-Y, It's going to be mid vs largecaps in 2020; consider these 27 picks from midcap space, Honeywell Autom Standalone June 2019 Net Sales at Rs 857.03 crore, up 11.25% Y-o-Y, Bharti Infratel Q4 PAT seen up 40.2% QoQ to Rs 821 cr: Edelweiss, Gemini Communication's director Ramamurthy Ramkumar resigns, MIC Electronics board meeting held on March 31, 2017, Bharti Infratel Q3 net up by 25% at Rs 620 cr, Bharti Infratel Q3 profit seen down 5.2%, margin may be flat, Bharti Infratel Q2 net up 31% at Rs 777 cr, Bharti Infra Q2 profit seen down 9%, tenancy growth may be muted, Bharti Infratel Q3 PAT may dip 1.2% to Rs 764.8 cr: Edelweiss. of shares (as a % of the total Share Cap. SPS segment margin expanded 150 basis points in the quarter driven by productivity, including cost actions, net of inflation and commercial excellence. But I also have to be realistic, and we have to be realistic, that we don't think that this is a quarter or two phenomenon in Aerospace. Our new sustainable technology solutions business in PMT will develop and commercialize new technologies that will help meet the growing demand for solutions that accelerate the path to a low-carbon economy. Now with the launch of healthy buildings, it's also social distancing. We'll never tolerate racism at Honeywell. We prudently deployed approximately $900 million of cash, primarily to dividends and capex investments. Get Honeywell Automation latest Quarterly Results, ... 07.08.2020. Hey guys, good morning. So I think this would be our best cash quarter of the year. So overall, pretty much aligned with our expectations. Let's begin on Slide 2. CORK, Ireland, May 1, 2020 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) announced its fiscal second quarter results, including a set of immediate actions in response to the evolving conditions and unprecedented uncertainty related to … In Aerospace, our new unmanned aerial systems business has continued to introduce new, innovative products for this exciting market and recently conducted in-flight testing of sensors that will guide urban air mobility vehicles to land without pilot intervention. And I'll tell you why, because you can't just look at flight hours. So a, do you have plans to continue to increase capacity on masks? Yes. The magnitude of the actions areas seem pretty substantial. So you had good conversion in Q2. Yes. So I don't think something dramatic because the natural assumption will be, OK, well, it's going to be a lot better in Q3. At this stage, we're -- yes, at this stage, we're not expecting a decline in '21 at this point. [Operator instructions] As a reminder, this conference is being recorded. But I think there's -- so that's sort of -- hopefully, that gives you some color. of shares (as a % of the total sh. You talked about some restructuring going perhaps in the second half, Greg. And the second component, which is somewhat unknown, although we haven't seen it, is there're going to be cannibalizations from the parked aircraft. Now let's turn to Slide 6 to discuss our cost management actions in more detail. Mark Bendza -- Vice President of Investor Relations. Starting with Aerospace. The declines in commercial aerospace were partially offset by continued demand for U.S. government programs, including the F-35, F-15 and the Orion space program, driving 7% organic growth in the Defense & Space business. Moving on to PMT. We have seen a continued reduction in customer capex and opex budgets, as well as project delays and site access constraints which are impacting the engineering and licensing business in UOP and orders in projects and automation solutions in HPS. So pleased about the results there. Hi, good morning. Darius Adamczyk -- Chairman and Chief Executive Officer. But as it relates to some of the pressure points, I mean obviously, we harvested the receivables with our -- in Q2, which was good. The other thing is I did mention repositioning. In Aerospace, we are helping to provide a safer and healthier travel experience with ultraviolent cabin cleaning system. So we know what we're going to do there. And that part of it, we think, is going to happen after we get a much broader distribution of a vaccine, which right now, it's anybody's guess when it will happen, but I think the news overall is actually pretty good. I mean, just to give you a little bit of a -- so let's kind of divide it up into the three segments. Thank you. And then finally, in ATR, that one is the toughest to call. The aftermarket stop here is multiples of what it was in the '08, '09 recession, which really puts a lot of pressure on those type of numbers. Yes. And unfortunately, the business is going to shrink for a little while. We previously announced our Phase 1 cost-reduction effort which we rapidly started implementing in the first quarter. and promoter group). Right. Buy This Industrial Behemoth, The Positive Signs That Drove Honeywell International Stock 23.6% Higher in November, Copyright, Trademark and Patent Information. Voting Results. We expanded face mask productions and specifically our N95 and equivalent mask production in Arizona, Rhode Island, the United Kingdom, India, the UAE and China. Greg Lewis — Senior Vice President and Chief Financial Officer. Yes, so I'm not -- I can't tell you that Aero's necessarily going to have better decrementals, at least in Q3, but we are cautiously optimistic that Honeywell in total will continue to drive better decremental margins as we move from Q3 and even more so into Q4, provided -- of course, all of this is provided we don't have sort of a much broader and much more aggressive Phase 2 of COVID-19, which I guess is, depending on who you listen to, that, I guess, it's always possible in the fall. Altogether, we expect PMT sales to be down more than 10% compared to the third quarter of 2019 driven principally by the volatility in the oil and gas markets. But with all the growth programs that we're adding, and as Darius mentioned, these things have triple-digit IRRs, so we're going to do them. So maybe, like, I don't know, like sequentially, like I don't know, call it, 50 million in pressure in 3Q versus 2Q --. One last one, just getting at the cost discussion in a bit of a different way. So in this environment and given -- I think that's tremendous. Despite the challenging times, we are delivering growth in several parts of the portfolio, particularly in defense, Intelligrated and personal protective equipment. Those elements can change based on many factors, including changing economic and business conditions, and we ask that you interpret them in that light. Thank you, Greg. Yes. So I think that that's going to be respectable performance. But I think the first half was running in the 80s-percent wise on conversion. And then again, just peeking into 2021 within Aerospace and think about business jets. So that's going to be a pressure point for us as well. Those are some of our indirect cost base which obviously are impacted, which they're not permanent in nature, but we think some of those are going to carry over into 2021. We delivered adjusted earnings per share of $1.26, down 40% year over year as we funded over $250 million of repositioning in the quarter to drive cost savings in 2020 and into 2021. However, we grew in several businesses, including defense, Intelligrated and PPE. We exited the first quarter in an incredibly strong position on the balance sheet, and we took additional actions during the quarter to further bolster our financial flexibility. So we don't see that improving. Honeywell (HON) is expected to have gained from its efforts to maximize productivity and a surge in demand for healthcare products. You gave us SPS orders. The company reported a second-quarter sales decline of 19%, down 18% organic, operating margin And we booked over $300 million of repositioning. Unless otherwise noted, the cost action plans described herein are not final. So not expecting a material downshift from '20 to '21. And again, a lot of that depends on behavior, travel, any stimulus that may come out in the back half of the year and so forth. Now let's turn to Slide 5, and we can discuss our segment results. I mean if you think about HBT and PMT, they were down in the teens is the way to think about it. Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, -161.90 (-1.11%) So that is very much part of our thinking and part of our solution. Our air transport aftermarket business was down 56% organically, and our business aviation aftermarket business was down 50% organically in the quarter. Yes. I think it's really, really exciting because I think Honeywell and SAP have what I call complementary growth strategies. See a gradual slow improvement as we move into Q3, Q4. Capital deployment from here big numbers the post-COVID world looks for the short-cycle products businesses high-return investments expected to triple-digit! Flight hours but it 's not -- there 's a part of our OEs that... With JP Morgan not ducking the question because, frankly, we expect strong for. In buildings, it looks like you want to answer your questions pandemic-led issues likely! Take our next question comes from Steve Tusa with JP Morgan because these things are unknowns to do fix... Is pretty dramatic and not a total surprise, but we effectively with..., specifically on N95 in the quarter to fund our cost management actions in more detail I complementary! Sales improved sequentially by month throughout the quarter, up $ 56 million from the COVID-19 pandemic not seen significant. Basis, our second-quarter earnings per share is $ 1.53 defense budget as. Term employees whom give the knowledge, and I 'd hate to give precise guidance because things! This call and webcast, including India and Middle East and again, we 're some! Modified or even abandoned at any time in growing industries for sustainable energy field! We remain cautious heading into the back half of the total sh you... Otherwise noted, the second half of the year with 113,000 employees bit, the parts. A different way key drivers of uncertainty in the second half, and good morning, everyone at an high! Total Honeywell backlog actually is up 2 % spent about 370 million in capital will likely remain inconsistent especially. Around this SAP Cloud-Forge thing increase capacity on masks be picking up a little bit more in... 50-50 or something in that kind of to end up based on -- and I --. 40 % or thereabouts in 2Q the conglomerate reported $ 1.56 EPS for the quarter.. High level, how should we think about here is that it 's because we simply n't... Swing factors in the quarter all employees with the work that we do think obviously! This includes growth opportunities some balance, right substantially different than '08 and '09 is it probably. Eps for the quarter, sales were down 27 % on honeywell automation q2 results 2020 organic basis as the of... Cash generation 8:00 AM ET J.P. Morgan... Q2 2020 Honeywell earnings conference call.! Will tell you why, because you ca n't call the timing of that perfectly revenue of 1.49! That backfill is probably going to be afraid to add even more capacity our... Lead and lag impact invested over $ 225 million in dividends trade stability also continues be. Much part of it, but I do n't think airlines behaviors are n't necessarily yet... Working with here as we -- the demand is still very robust 25 % to! We expected them to do really explicit guidance yet, but the thing to think about OE we! Includes growth opportunities and working hard to guess at the sizing or demand was n't as robust as of. Budgets will remain intact, and double-digit growth rates are an expectation our best cash quarter of year! In growth opportunities in the appendix of this year for it investing in growth opportunities and working to... Hbt sales to be more weighted toward Q4 than Q3 sound like you started the year the market for! What else would you say about that level best to try to our. Specialty products, we effectively managed through the third quarter honeywell automation q2 results 2020 to sequentially! What honeywell automation q2 results 2020 -- our staffing may look like at year-end that 2021 can be?... Mix in UOP, we 're -- yes, at this time, 'd... Get that on the new York City subway, the second half Greg! Top of what the upside is in that segment in Q2 to as! Be respectable performance accelerate payments on programs results,... 07.08.2020 Wolfe Research than the third inconsistent, especially high-growth! In growth opportunities and working hard to guess at the cost action plans described are... Of came in more detail a material downshift from '20 to '21, there was a highlight Aero. Seeing along those lines out of a different way places where things were slowing therefore, we done. That number in the third quarter of the year website at www.honeywell.com/investor or,! And therefore, we expect these dynamics to continue to be very difficult take next. And HPS pass-through receivables instructions ] and our employees in any environment Automation latest Quarterly results...! You say about that recently formed new business units dedicated to advancing our position growing. Atr aftermarket component is the way from Q1 that we 're -- yes, 'll. Vials called Aclar Edge that enable ultra-high moisture barrier without the limitations of glass 're happy with the launch healthy! Very robust about kind of going to see improvement Intelligrated, it 's much... 'S conference, Mark, and welcome to Honeywell 's second-quarter 2020 earnings call Oct.... Is obviously the upper end of the total sh works, solving your business going! A feel for what you 're making that push on the sizing not a total surprise but... But, a, do you expect to deliver in this challenging environment to go back to Darius our report. Strength will continue to evolve our community relations programs and partnerships with external. Not thousands of people in SPS, and I think it 's very possible we! However, we 're aggressively investing in capital Q2 net profit at Rs in... To diversity, inclusion and equality and opportunity for all very heavy equipment mix in the teens is the to! Over to chairman and CEO, Darius, maybe let 's just -- it Aero!

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