Honeywell(US:HON)2025-07-24 12:30Financial Performance - Adjusted EPS reached $2.75, exceeding the high end of the guidance range[12] - Organic sales grew by 5%, surpassing the guidance range, with Building Automation leading at 8% growth[12] - Free cash flow was $1.0 billion[12] - The company returned over $2.4 billion to shareholders, including $1.7 billion in share repurchases[12] - Backlog reached a record $36.6 billion, up 10% year-over-year excluding acquisitions[12] Portfolio Transformation and Separations - The company is continuing its portfolio transformation to position three future independent companies for success[4] - The spin-off of Solstice Advanced Materials is expected to be completed in the fourth quarter[9] - The company completed the PPE sale for $1.3 billion[12] - Sundyne acquisition closed for $2.2 billion and Catalyst Technologies acquisition announced for £1.8 billion[12] Guidance - The company is raising its 2025 organic growth and earnings guidance[4] - Full year sales are projected to be $40.8 billion - $41.3 billion, with organic growth of 4% - 5%[17] - Adjusted EPS for the full year is expected to be $10.45 - $10.65[17]