The company said it completed its acquisition of Carrier Global Corporation's Global Access Solutions business on June 3, 2024 for $4.95 billion. The business includes three brands, LenelS2, Onity and Supra, and approximately 1,200 employees.

1. 01

   The company said it completed its acquisition of Carrier Global Corporation's Global Access Solutions business on June 3, 2024 for $4.95 billion. The business includes three brands, LenelS2, Onity and Supra, and approximately 1,200 employees.

2. 02

   The company said that, following the acquisition's completion, it updated its full-year sales outlook to $38.5 billion to $39.3 billion (organic sales growth of 4% to 6%). It presented adjusted earnings per share of $10.15 to $10.45 and free cash flow of $5.6 billion to $6.0 billion.

3. 03

   Honeywell said that, for periods beginning after April 1, 2024, it will exclude amortization of acquisition-related intangible assets and other acquisition-related costs, including related tax effects, from segment profit and adjusted earnings per share. The company said the change provides a more meaningful view of performance across periods.

4. 04

   The company outlined sales of $9.3 billion to $9.6 billion for Q2, with organic sales growth of 1% to 4%. Adjusted earnings per share is $2.35 to $2.45, which the company said represents an increase of 2% to 7% from the prior-year period.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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