Honeywell lowers sales, profit forecasts after Bombardier agreement
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Honeywell has reduced its sales and profit forecasts for Q4 and the full year due to investments related to a new agreement with Bombardier for aviation technology.
December 02, 2024 | 11:45 pm
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Honeywell has lowered its sales and profit forecasts for Q4 and the full year due to investments in a new agreement with Bombardier.
The reduction in forecasts is directly linked to the financial impact of the new agreement with Bombardier, which suggests increased costs or lower margins in the short term.
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