MORRIS PLAINS, N.J. --- Honeywell will host its annual investor conference at the company's Morris Plains, N.J., facility today, led by Chairman and Chief Executive Officer Darius Adamczyk.
The company's leadership team will provide an update on Adamczyk's key priorities; highlight the multiple levers for continued sales growth, margin expansion and free cash flow growth; and outline the next phase of transformation following the 2018 spin-offs.
"We are excited to speak with the investment community today about the progress we are making on a number of initiatives, as well as the tremendous growth opportunities we see across all of our businesses," Adamczyk said. "Throughout 2018, we continued to deliver on our commitments even as we completed two successful spin-offs and invested in our businesses for future growth and profitability. Financially, we are in a very strong position.
“Our efforts to drive organic growth are working, including our Connected Enterprise, High Growth Regions, and breakthrough initiatives. We have continued to expand margins through our focus on productivity. Because of the actions we took in 2018 and our improved free cash flow performance, our balance sheet has never been stronger, which positions us well to weather any economic environment.
"Today, we embark on the next phase of Honeywell's transformation with a strengthened and unified Honeywell Connected Enterprise, a vision for creating the supply chain of the future, and a plan to create a fully digitized internal organization," Adamczyk said. "We remain confident in our long-term financial framework and in Honeywell's ability to deliver shareowner value in 2019 and for many years to come. This is an exciting time to be part of Honeywell, whether you are an employee, a customer, or a shareowner."
As part of the conference, the company will reaffirm second-quarter earnings per share guidance of $2.05 to $2.10 and full-year earnings per share guidance of $7.90 to $8.15.
Honeywell is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.