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Honeywell Earnings: OEM Incentives, Friction Materials Divestiture...

2015-01-27 16:28:46| Chemicals - Topix.net

Honeywell International announced its fourth quarter and annual results on Friday, January 23. As a result of the Friction Materials divestiture, original equipment manufacturer incentives and currency headwinds, the company reported a 1% year-on-year decline in its fourth quarter revenue. However, on an organic basis, which excludes these factors, Honeywell's revenue grew 4%.

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