In addition to announcing its forthcoming split, Honeywell reported its 2024 financial results, which showed an increase in 4Q sales and organic growth.
Full year net sales dipped slightly, driven by a decrease in organic sales and partially offset by acquisition-related sales.
The company said it expects EBITDA to expand in 2025 as it pursues a return to historical gross margin of about 35%.
It’s the PMI’s first time above 50.0% since October 2022, signaling manufacturing momentum in early 2025.
The company reported modest overall 4Q sales and profit growth that outpaced a decline in full-year sales.
Honeywell’s AI in Retail Survey reveals how retailers are leveraging AI to improve employee development and enhance the customer experience.
While still in contraction territory overall, the November report showed a healthy increase in new orders and employment.
The companies said the merger will create a global leader in consumer packaging, enhancing innovation and sustainability.
Meanwhile, the bearings maker posted its 3Q results, made an Australasia acquisition and updated on its Automotive separation.
QSC is a manufacturer of large, transformative audio, video and control solutions.
Force majeure and commercial impracticability clauses can safeguard against unforeseen disruptions, but it’s not foolproof. Here’s a definitive guide for B2B buyers and sellers.
Despite an August uptick that ended four straight months of decline, the latest reading indicated U.S. manufacturing continues to see weak demand.
