Honeywell International CEO Says Expects Divestures Of Productivity Solution And Services, Warehouse And Workforce Solution Business By Early August 2026; Divestitures About 2 Months Ahead Of Initial Assumption, Has Reduced 2026 Revenue Expectation By ~$400M; Sees Sharp Growth Inflection In Process Automation And Technology, Continued Momentum In Industrial Automation In H2 2026
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Why It Matters
Honeywell is selling off two business units sooner than planned and expects lower sales next year, but the CEO thinks the remaining company will grow faster in automation and technology. When a company sells parts of itself, watch whether what's left becomes stronger and more focused on growing areas.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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