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Manufacturer Honeywell boosts profits
Saudi Press Agency Published in Saudi Press Agency on 18 - 07 - 2008


US manufacturer Honeywell said Friday profits
rose more than expected in the second quarter on strong demand for
its airline parts and automation and control systems, according to dpa.
Second-quarter profits rose to 723 million dollars, up 18 per cent
from the year-earlier period, the Morristown, New Jersey-based
company said.
Revenue rose 13 per cent to 9.7 billion dollars.
Honeywell is the world's largest maker of cockpit electronics and
also is involved in the production of chemicals and transportation
technology.

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