Engineering firm Honeywell Worldwide Inc. (NASDAQ: HON) Tuesday reported larger earnings for the primary quarter of 2025, on an adjusted foundation. The underside line benefitted from an 8% gross sales development.
Whole gross sales grew 8% year-over-year to $9.8 billion within the first quarter. Gross sales on the Aerospace Applied sciences section grew 14%, driving the top-line development.
On an adjusted foundation, March-quarter earnings elevated 7% yearly to $2.51 per share. Unadjusted internet revenue got here in at $1.45 billion or $2.22 per share in Q1, which is broadly unchanged from the year-ago quarter.
Vimal Kapur, CEO of Honeywell, stated, “For the third straight quarter, we delivered both sequential and year-over-year backlog growth, driven by healthy order rates and continuing customer demand for our differentiated offerings.”