- 4Q13 – 5% Organic Sales Growth; Proforma EPS $1.24, Up 13%, On Stronger Operations
- 4Q13 Reported EPS $1.19, Includes ($0.05) Pension MTM Related To International Plans
- $0.16 EPS Gain Funds Proactive Restructuring And Other Actions – Including Friction Sale
- Reaffirming 2014 Proforma EPS Guidance Of $5.35 – $5.55, Up 8-12%
Honeywell (NYSE: HON) today announced its results for the fourth quarter and full year 2013:
Total Honeywell | |||
($ Millions, except Earnings Per Share) | FY 2012 | FY 2013 | Change |
Sales | 37,665 | 39,055 | 4% |
Segment Margin | 15.60% | 16.30% | 70 bps |
Operating Income Margin1 | 13.60% | 14.20% | 60 bps |
Earnings Per Share (Reported) | $3.69 | $4.92 | 33% |
Earnings Per Share (Proforma)1 | $4.48 | $4.97 | 11% |
Cash Flow from Operations | 3,517 | 4,335 | 23% |
Free Cash Flow2 | 3,672 | 3,808 | 4% |
4Q 2012 | 4Q 2013 | Change | |
Sales | 9,581 | 10,387 | 8% |
Segment Margin | 15.60% | 16.10% | 50 bps |
Operating Income Margin1 | 13.90% | 13.40% | (50) bps |
Earnings Per Share (Reported) | $0.32 | $1.19 | 272% |
Earnings Per Share (Proforma) 1 | $1.10 | $1.24 | 13% |
Cash Flow from Operations | 1,349 | 1,668 | 24% |
Free Cash Flow2 | 1,311 | 1,402 | 7% |