The Phase 2 actions should deliver approximately $200 million of 2020 benefit, so the combination of Phase 1 and Phase 2 is expected to reduce cost by 1.4 to $1.6 billion in 2020. Now let's turn to Slide 5, and we can discuss our segment results. And even if this recession hadn't hit, we always had a challenging -- now you -- mix going into it. Substantially lower sales volumes in our most challenged end markets in Aerospace and PMT drove 280 basis points of segment margin contraction, while we delivered strong sales and orders growth in both our warehouse automation and PPE businesses. Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, -161.90 (-1.11%) As we've previously discussed, we entered 2020 with a healthy backlog of global mega projects in HPS, which was still up over 80% year over year for the second quarter, and we expect these projects to continue to convert over the next few quarters. And that's very much part of our thinking. Well, I think I'm not ducking the question because, frankly, we're creating the market. Yes. The macro conditions continue to put pressure on other SPS businesses, including sensing and IoT, gas sensing and productivity products, where we expect to see declines in the third quarter. SPS segment margin expanded 150 basis points in the quarter driven by productivity, including cost actions, net of inflation and commercial excellence. Thank you for listening, and please stay safe and healthy. During the quarter, we completed preparation of a second phase of cost actions to expand permanent census reductions, which we also began executing in June. I mean, some of the products businesses were a little bit more challenged than the systems businesses. And you could very easily see it being sequentially down. And I'll follow-up with you on the sizing. See a gradual slow improvement as we move into Q3, Q4. With that, I'd like to turn the call back to Darius. So overall, we finished a challenging quarter with significant top line impact from the COVID-19 pandemic. Our aggressive deployment of repositioning funds, $250 million in the quarter and $325 million in the first half, is serving us well. Change YOY. But even before this crisis hit, I mean, the mix in UOP can vary substantially from quarter-to-quarter or even year to year. So for example, we're going to go to the market as a set of solutions for healthcare or hospitals, for stadiums, for airports, for office buildings, for data centers. This increase in repositioning in the second and third quarters will drive higher repositioning cash outflows in the second half of the year, putting pressure on our free cash flow. I mean, what is the -- just on a year-over-year basis, how do we think about kind of the moving parts for those two guys on the commercial side? Good morning, and welcome to Honeywell's second-quarter 2020 earnings conference call. Next question comes from Andrew Obin with Bank of America. #PROFITSINSTOCKS #BUYSTOCKS #q2fy21results HONEYWELL AUTOMATION LTD Q2 FY 21 RESULTS Subscribe my channel and click the icon bell for all the updates daily. ... and Waldron outlined that Honeywell would end 2020 manufacturing 25 times the number of masks it started the year with. And it's by far the best way we could put our capital to work, some of these high-return capex projects, and they're terrific. And I don't think it's crazy to think that we may even have a certified vaccine before the end of the year this year now, then we also have to think about the distribution timing and so on. Hey guys, good morning. 6/9/2020. Starting with Aerospace. I mean, the M&A environment is just a little bit slower just because everybody is focused on battling the crisis. This call and webcast, including any non-GAAP reconciliations, are available on our website at www.honeywell.com/investor. of the company). It seems to me like there could be some benefits, but I would be curious how you think about that. June 09, 2020 ... Honeywell Automation & Control Solutions Business Review Presentation. But I think there's -- so that's sort of -- hopefully, that gives you some color. So I think that that's going to be respectable performance. We recognize that these steps are a starting point, not an end, and we are committed to continuing to make progress. How much visibility do you have on DoD being able to accelerate payments on programs? Organic sales improved sequentially as the quarter progressed for the short-cycle products businesses. Honeywell is toxic. Let me be clear. And we already made a commitment that we're going to at least keep share count flat from here, which is new news, and we're going to kind of take a look at what opportunities are out there in the second half. Yes. In Aerospace, our new unmanned aerial systems business has continued to introduce new, innovative products for this exciting market and recently conducted in-flight testing of sensors that will guide urban air mobility vehicles to land without pilot intervention. Correct? And just a follow-up question. We are closely watching several key drivers of uncertainty in the third quarter. What's the opportunity is? At Honeywell, we're transforming the way the world works, solving your business's toughest challenges. Honeywell International Inc. HON reported mixed results for second-quarter 2019, with earnings beating estimates but revenues lagging the same. Now you combine that with kind of a push out of a lot of the catalyst refills, push out of projects. With that said, the impact on customer solvency and aging receivables remains a question mark as well and a potential future risk that we're monitoring. We will intensify our focus on the recruiting, retention and development of women, veterans and minority groups. But with all the growth programs that we're adding, and as Darius mentioned, these things have triple-digit IRRs, so we're going to do them. We'll never tolerate racism at Honeywell. CORK, Ireland, May 1, 2020 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) announced its fiscal second quarter results, including a set of immediate actions in response to the evolving conditions and unprecedented uncertainty related to … and promoter group). Let's begin on Slide 2. Additional details for our tax rate, share count and below the line expenses are included in the appendix. 6/9/2020. First and foremost, the severity of increasing COVID infections and the potential for additional lockdowns is still very fluid and could have significant impacts on the macroeconomic environment. Honeywell To Split Automation And Control Group; Q2 Sales Tick Up. This includes growth opportunities in the plastic circular economy, energy storage, gas decarbonization and renewable fuels. Access to customer sites will likely remain inconsistent, especially in high-growth regions, including India and Middle East. I would say maybe last, it's less about masks, but a little bit more about steering the business toward serving the medical segment. I'm not going to quote you a specific number, Joe. As we highlighted in our May call, the second quarter presented significant challenges. I mean, we're aggressively investing in our capex --. [Operator instructions] As a reminder, this conference is being recorded. And so we're going to have to just kind of see how the quarter evolves. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. Thank you, good morning everyone. Overall, we expect sales in SPS to grow single digits compared to the third quarter of 2019, less than 7% overall, a very good result. So I don't think something dramatic because the natural assumption will be, OK, well, it's going to be a lot better in Q3. No, it's not -- no, I don't think it's going to be dramatic, but I think it would be wrong to just say, well, to tie the aftermarket performance purely to the quarter-over-quarter flight hours. We deployed $650 million to dividends and approximately $225 million to capex in the quarter. When you look out to the kind of third quarter just profile-wise, what do you expect between OE and aftermarket? NSE Gainer-Large Cap . Honeywell will collapse soon. Wow, you answered the question. That's kind of how we'd think about it. So you had good conversion in Q2. Now let me turn it over to Greg on Slide 4 to discuss our second-quarter results in more detail, as well as to provide our views on the third quarter. And we're not afraid to -- I mean, if need to be, we may even be targeting more investments for growth in the second half. I mean if you think about HBT and PMT, they were down in the teens is the way to think about it. And that's why it's hard for us to give precise guidance because these things are unknowns. So overall, pretty much aligned with our expectations. We've also launched the Honeywell ThermoRebellion temperature monitoring solution, which can be rapidly deployed at the entry of a factory, airport, distribution center, stadium or other commercial buildings to quickly and efficiently identify whether personnel exhibit an elevated temperature using advanced infrared imaging technology and artificial intelligence algorithms. Mark Bendza -- Vice President of Investor Relations. And again, at the midpoint of our 1.4 billion to 1.6 billion, you can kind of use the 1.5 billion number, extrapolate that 60 to 70% from there. Because although we obviously know roughly what we have in our restructuring plan. It's building occupancy optimization. We are very excited to have Emily on board. Fluorine products sales into the automotive end market improved sequentially by month throughout the quarter as automotive plants began to reopen. We delivered adjusted EPS of $1.26 in the quarter on sales that were down 18% organically, consistent with the greater than 15% organic sales decline we signaled in May. And just to give you a perspective, clearly, the connected buildings part was really a highlight of our Q2 in terms of our connected enterprise. Is Defense & Space -- I'm not asking about the end market outlook, but -- so there is a very sort of basic cash outlay dynamics by the Department of Defense to you guys on existing programs. And the second component, which is somewhat unknown, although we haven't seen it, is there're going to be cannibalizations from the parked aircraft. So I'm just trying to sort of triangulate that. Thanks, good morning. Just going back to the cost-out commentary, and Greg, maybe this question's for you. So our total capex for the year is going to be 900 million even this year. - Per. Warehouse automation and … I mean, just to give you a little bit of a -- so let's kind of divide it up into the three segments. - Per. When you think about OE, we actually expect it to be flat to down versus Q2 for a couple of reasons. In some of the other businesses, we're adding headcount. In terms of some of the growth drivers, I mean, obviously, it's energy savings, it's security, it's a coherent interface so that building owners or maintainers can understand what's going on. Voting Results. But I don't think it's necessarily just a pure correlation. CHARLOTTE, N.C., July 24, 2020 -- Honeywell (NYSE: HON) today announced results for the second quarter of 2020, which were significantly impacted by the COVID-19 pandemic and oil price volatility. And then finally, in ATR, that one is the toughest to call. Get Honeywell Automation latest Quarterly Results, ... 07.08.2020. So that's going to be a pressure point for us as well. But those are going to play out over the course of June, July, August, September. Now let's turn to Slide 8 to discuss our segment outlook for the quarter. That's sort of the rough guide, how to think about that. We remain committed to continuing Honeywell's long legacy of innovation and we are continuing to invest in our future in good times and bad. I just glanced the K, it looks like you started the year with 113,000 employees. Got it. The future is what we make it. And I'm wondering if that confidence extends to the Aerospace margins. Because the level of the leisure traveler is actually a little bit better than expected. Very clear on the cost out, what you expect to deliver in 2020. And any plans to add additional capacity, specifically on N95 in the second half on top of what you have --. We're working on exactly that type of a solution which treats the air with ultraviolet light and obviously results in a much higher air quality than anything out there. However, we grew in several businesses, including defense, Intelligrated and PPE. So yes, I think your point just now underscores that you're thinking clearly about the recovery and how to position Honeywell for that in terms of organic investment. We will discuss that later on in the presentation. Fully embracing the principles of diversity, inclusion and equality and treating all employees with the utmost respect are requirements for working here. No, that's right. Just so we have kind of a feel for what you're working with here as we look forward. The Honeywell UV cabin system can treat an aircraft cabin in less than 10 minutes for just a few dollars per flight for midsized to large airline fleets, significantly reducing certain viruses and bacteria on cabin surfaces. So I'm not going to give you a conversion rate because, again, that also is dependent on where things come out on the bottom line, which, as we discussed, we're not going to guide here today. Honeywell International Inc. 2020 Q3 - Results - Earnings Call Presentation (NYSE:HON) SA Transcripts Oct. 30, 2020 9:08 AM ET 5 Dangerous Bubble Stocks: Don't Be The Bag Holder Yes. Thanks very much appreciate it. I mean, I think that's kind of going to be the formula going forward. Or think about what -- how do you get paid for it? We think it's going to be a modest, very modest impact. [Operator instructions] And our first question is coming from Jeff Sprague with Vertical Research. So that's going to ramp up in half two. Thank you, good morning everyone. So maybe just help us understand where you're seeing free cash flow conversion perhaps for the year as a whole. Darius Adamczyk -- Chairman and Chief Executive Officer. Yes. In UOP, we expect continued weakness in gas processing and lower catalyst shipments due to lower production and refining volumes. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Honeywell (HON) is expected to have gained from its efforts to maximize productivity and a surge in demand for healthcare products. We have seen a continued reduction in customer capex and opex budgets, as well as project delays and site access constraints which are impacting the engineering and licensing business in UOP and orders in projects and automation solutions in HPS. Note that elements of this presentation contain forward-looking statements that are based on our best view of the world and of our businesses as we see them today. We committed approximately $250 million of incremental growth capital expenditures compared to our previous allocated budget for new projects to accelerate our investments in Safety Products, Intelligrated and other growth opportunities. Honeywell QB2®HYG earplugs are the perfect choice for people who are exposed to intermittent noise. I mean it was great strategic move on your part on respiratory protections. I think they were 39%, 40% or thereabouts in 2Q. In terms of business aviation aftermarket, we expect it to be slightly better than it was in Q2. No. Yes. We delivered adjusted earnings per share of $1.26, down 40% year over year as we funded over $250 million of repositioning in the quarter to drive cost savings in 2020 and into 2021. I'm excited about the future of Honeywell despite the current challenging -- challenges facing the global economy. And we only spent about 370 million in the first half. We identify the principal risks and uncertainties that may affect our performance in our annual report on Form 10-K and other SEC filings. You get that on the New York City subway, the economy might actually come back. See all features. We also expect ongoing headwinds for our products businesses and process solutions, causing decline in field services -- in field devices and thermal solutions. Every few years Honeywell closes a plant when they have used up all the people in the community and nobody else will apply for work there. As a result, we ended the quarter with $15.1 billion of cash and short-term investments on the balance sheet and a net debt-to-EBITDA ratio below one. It's closer to double digit. We do think -- I'm not -- by the way, I'm not so pessimistic that I think Aero is going to be down till 2024 as I've heard some estimate. So we're sizing the business for that kind of a reduction. 5/1/2020. And I'd hate to give you a number which may prove to be inaccurate. ... For Honeywell Automation India Limited Farah Irani Company Secretary Encl: A/a . Vertical Research Partners Global Industrials Conference. So as best we see it, starting with Aerospace, we expect global flight hours to remain far below pre-COVID-19 levels, which will significantly impact our commercial aftermarket business. You gave us SPS orders. Q3 20 Guidance. And I think you would agree that the balance sheet is very strong and well-protected, well-funded. Our next question comes from Steve Tusa with JP Morgan. Honeywell Autom Standalone March 2020 Net Sales at Rs 704.26 crore, down 13.08% Y-o-Y 05.02.2020 Honeywell Autom Standalone December 2019 Net Sales at Rs 901.20 crore, up 11.01% Y-o-Y In fact, we were actually able to expand segment margin in two of our four segments. So there's a lot of moving pieces here, and I think the ATR aftermarket component is the toughest one to call. But I mean, outside of -- putting business jets aside, just looking at the large commercial stuff, I mean, how much of your business is even kind of exposed to that? I do expect our fixed cost to be pressured sequentially in the third quarter as the permanent reductions begin to replace the benefits of the more temporary actions. And sorry, when you talk about kind of that USM, the used parts dynamic, your business is electronics. Now with the launch of healthy buildings, it's also social distancing. So we spent about $170 million of cash repositioning in the first half of the year. We expect that to continue in Q3. So a little bit all over the place. And even with this decline, we're still at about a $900 million capital budget for the year. Our Phase 1 cost actions delivered approximately $500 million of year-on-year benefit in the quarter, which brought us to approximately $700 million of savings in the first half. Those segments would have had 2015 sales of $9.4 billion and $4.7 billion, respectively. Hey, good morning guys, there was a lot of fanfare around this SAP Cloud-Forge thing. Honeywell International Inc. (HON Quick Quote HON - Free Report) is scheduled to report second-quarter 2020 results on Jul 24, before the opening bell. Thank you, Darius, and good morning, everyone. And as always, we'll leave time for your questions at the end. Or is there a chance that 2021 can be flat? Q1 2007 Earnings Conference Call Presentation. And the good news about that is, even in an environment like we had in Q2, which was an all-time worst for Honeywell, I mean, literally it was probably the worst quarter, hopefully, I'll ever see, 26% growth gives you the kind of traction we're gaining in this segment. Right. We expect HBT sales to be down more than 10% compared to the third quarter of 2019. We'll continue to evolve our community relations programs and partnerships with key external organizations to promote diversity, equality and opportunity for all. Honeywell International last posted its quarterly earnings results on October 30th, 2020. We have work to do on inventory now. Yes, good morning. At a very high level, how do you think the post-COVID world looks for the categories you play in? We are capturing new growth opportunities by providing innovative solutions for new customer needs, and our operational rigor will continue to serve us well. honeywell automation india ltd q2 results News and Updates from The Economictimes.com. So that is very much part of our thinking and part of our solution. This quarter, EPS is adjusted to exclude the favorable resolution of a foreign tax matter related to our spin-off transactions in 2018. Could you give us orders for the other three segments in the quarter? Revenue: Honeywell Automation India Limited's financial report shows that the company's revenue increased by 2.65% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.0.20 billion, as the company posted revenue of Rs.7.74 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.7.54 billions. In addition to our expansion of United States, India and China capacity, we have added capacity in the UAE, where we've partnered with Strata Manufacturing, a subsidiary of Abu Dhabi state fund Mubadala Investment Company, to produce N95 masks. And that concludes today's question-and-answer session. Lauren, let's take one more question, please. We expect these dynamics to continue in the third quarter but to improve sequentially. of shares (as a % of the total sh. 24, 2020 Honeywell International Inc. 2020 Q2 - Results - Earnings Call Presentation So on a GAAP basis, our second-quarter earnings per share is $1.53. So pleased about the results there. Get Honeywell Automation latest Quarterly Results, ... 07.08.2020. We've further secured the balance sheet and protected it even more. of shares (as a % of the total sh. of the company). Thank you, Mark, and good morning, everyone. Now let's turn to Slide 7 and discuss our balance sheet and liquidity. To address the urgent need for PPE, we are significantly growing our personal protective equipment business. PPE orders were up triple digits for the second consecutive quarter, with strength in the respiratory, head, eye, face, gloves and clothing categories. We have both opportunities and challenges in the portfolio, but on balance, we expect sales for the company to be down again more than 15% versus the prior year. We have launched new bottles and vials called Aclar Edge that enable ultra-high moisture barrier without the limitations of glass. The next few quarters will continue to be unpredictable, and our visibility has limits under the current circumstances. We feel like the defense budget, as you highlighted, is still fairly robust. Mark Bendza - Vice President-Investor Relations. No. 5/1/2020. I mean, I think the segment for UOP that was the most challenged is our gas processing segment, which obviously is closely tied to the unconventional gas production in -- primarily in the U.S. And as you know, that's very challenged, so we saw some pretty big drop off. So as to access -- we fully drew down on the remaining term loan so as to access the liquidity of $6 billion that we had highlighted previously. The second bucket is what I call semi-permanent. .ar{fill:#eb6135;stroke:#b24226;}.br,.dr{fill:none;}.br{stroke:#fff;}.cr{stroke:none;}, Honeywell Autom Standalone June 2020 Net Sales at Rs 736.23 crore, down 14.1% Y-o-Y, Honeywell Autom Standalone March 2020 Net Sales at Rs 704.26 crore, down 13.08% Y-o-Y, Honeywell Autom Standalone December 2019 Net Sales at Rs 901.20 crore, up 11.01% Y-o-Y, It's going to be mid vs largecaps in 2020; consider these 27 picks from midcap space, Honeywell Autom Standalone June 2019 Net Sales at Rs 857.03 crore, up 11.25% Y-o-Y, Bharti Infratel Q4 PAT seen up 40.2% QoQ to Rs 821 cr: Edelweiss, Gemini Communication's director Ramamurthy Ramkumar resigns, MIC Electronics board meeting held on March 31, 2017, Bharti Infratel Q3 net up by 25% at Rs 620 cr, Bharti Infratel Q3 profit seen down 5.2%, margin may be flat, Bharti Infratel Q2 net up 31% at Rs 777 cr, Bharti Infra Q2 profit seen down 9%, tenancy growth may be muted, Bharti Infratel Q3 PAT may dip 1.2% to Rs 764.8 cr: Edelweiss. Yes. This ultraviolet airplane cabin cleaning technology, is it applicable to -- or could you even sort of develop product for a commercial building application or even residential? And then if you remember, we also did talk about at the very first guidance call early in the year that we were going to have an extra payroll cycle in 2020, and that's going to happen in 4Q. And second question. The pandemic-led issues will likely get reflected in its Q2 results. That gives you the kind of growth profile that we're seeing in that business. I mean, I think it's Aero, it's substantial. Obviously, we're on to something. In addition, we are committed to the following actions. RIL (PP) 1,138.40 75.25. Congrats, Darius and good luck guys wish you the best rest of the year. We also recently formed new business units dedicated to advancing our position in growing industries for sustainable energy and unmanned aerial systems. HONEYWELL INTERNATIONAL INC. company earnings calendar and analyst expectations - Upcoming and past events ... Quarterly results: 2018 Q2: 2018 Q3: 2018 Q4: 2019 Q1: 2019 Q2: 2019 Q3: 2019 Q4: 2020 Q1: 2020 Q2: 2020 Q3: 2020 Q4 (e) 2021 Q1 (e) 2021 Q2 (e) 2021 Q3 (e) 2021 Q4 (e) Sales M $ Released Forecast Spread: 10 919 10 793 Despite the challenging times, we are delivering growth in several parts of the portfolio, particularly in defense, Intelligrated and personal protective equipment. Yes. Q2 Fiscal 2020 Financial Results Second quarter fiscal 2020 sales were $1,681.3 million, up 1.5 percent from $1,657.2 million in the second quarter of fiscal 2019. I'm just curious whether that's changed at all and what you're seeing along those lines. We believe it's important that we provide a level of precision that is commensurate with our ability to forecast in the current environment. Greg Lewis — Senior Vice President and Chief Financial Officer. So that's sort of how we're thinking about it. Yes. We do expect air transport flight hours to begin recovering from second quarter lows though sequential improvements in commercial aftermarket sales due to flight hour improvements may be offset by the impact of used serviceable material and rotation of fleets. Thank you, Darius. Honeywell International (NYSE:HON)Q2 2020 Earnings CallJul 24, 2020, 8:30 a.m. It's just -- it's because we simply can't call the timing of that perfectly. Maybe I'll start. Because we do think, obviously, flight hours are going to be better in Q3 versus Q2. Honeywell International Inc Q3 2020 earnings call dated Oct. 30, 2020Corporate Participants: Mark Bendza — Vice President of Investor Relations. CHARLOTTE, N.C., July 24, 2020 -- Honeywell (NYSE: HON) today announced results for the second quarter of 2020, which were significantly impacted by the COVID-19 pandemic and oil price volatility. 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