Honeywell CEO Says Demand Of Airbus, Boeing Will Not Determine Our Growth Rate Next Year, It Will Be Our Ability To Supply Them
Portfolio Pulse from Benzinga Newsdesk
Honeywell's CEO stated that the company's growth next year will depend on its ability to supply Airbus and Boeing, rather than the demand from these aerospace giants. This was discussed at Morgan Stanley's 12th Annual Laguna Conference.
September 11, 2024 | 3:15 pm
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NEUTRAL IMPACT
Boeing's demand is not the primary factor for Honeywell's growth next year, as per Honeywell's CEO.
While Boeing is a major client for Honeywell, the statement indicates that Boeing's demand will not significantly impact Honeywell's growth. This suggests a neutral impact on Boeing as the focus is on Honeywell's internal capabilities.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Airbus's demand will not determine Honeywell's growth next year, according to Honeywell's CEO.
Similar to Boeing, Airbus's demand is not seen as a key factor for Honeywell's growth. This suggests a neutral impact on Airbus, as the focus is on Honeywell's ability to supply.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Honeywell's growth in the coming year is expected to be driven by its ability to supply products to Airbus and Boeing, rather than the demand from these companies.
The CEO's statement highlights that Honeywell's growth is more reliant on its internal supply chain capabilities rather than external demand from major clients like Airbus and Boeing. This suggests a focus on operational efficiency and supply chain management, which could positively impact Honeywell's performance if managed well.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100