US: Honeywell TS sees revenue and profits fall in Q2

Honeywell International has reported year-on-year growth in group revenue and profit margins in Q2 2012 and lifted full-year margin guidance. However, the company's Transportation Systems division, which encompasses key parts of the automotive business, saw revenue, earnings and margin declines in the April-June 2012 period, reflecting unfavourable currency trends, lower Subscribe to Automotive World to … Continued

• By Webmaster
• July 18, 2012