BRIEF-Honeywell CEO Says Determine A Tax Free Spin Of Aerospace Will Be Most Efficient Way To Separate Our Automation And Aerospace Businesses - Conf. Call

Reuters
29 Apr
BRIEF-Honeywell CEO Says Determine A Tax Free Spin Of Aerospace Will Be Most Efficient Way To Separate Our Automation And Aerospace Businesses - Conf. Call

April 29 (Reuters) - Honeywell International Inc HON.O:

  • HONEYWELL CEO: DETERMINE A TAX FREE SPIN OF HONEYWELL AEROSPACE WILL BE MOST EFFICIENT WAY TO SEPARATE OUR AUTOMATION AND AEROSPACE BUSINESSES - CONF. CALL

  • HONEYWELL CEO: APPROXIMATE 2025 TARIFF EXPOSURE IS ABOUT $500 MILLION BEFORE TAKING ANY MITIGATION MEASURES; CONFIDENT WE CAN FULLY OFFSET IMPACT OF CURRENT TARIFFS

  • HONEYWELL CFO: ABOUT 60% TO 70% OF OVERALL $500 MILLION TARIFF EXPOSURE IS FOR CHINA

  • HONEYWELL CFO: LARGEST EXPOSURE ON TARIFFS IS IN INDUSTRIAL AUTOMATION AND AEROSPACE

Source text: [ID:]

Further company coverage: HON.O

((Reuters.Briefs@thomsonreuters.com;))

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