Tuesday, October 07 - 2008

Honeywell expects steady growth in Mideast

Thursday, February 28 - 2008 at 14:35

Honeywell International's top executive said he expects his company to have strong revenue growth this year in the Middle East, India, and China, but he is taking a more conservative view on the manufacturer's prospects in the United States and Europe, reported Reuters. Dave Cote, chairman and chief executive of the world's largest maker of cockpit electronics, said the company, which last year generated about half its $34.6bn in revenue outside the US, expects to continue to grow its foreign sales as a proportion of the corporate total. However, he said this is 'as economically murky a time to predict' as he has ever seen.

Jeff  Florian Jeff Florian, Senior Reporter
Thursday, February 28 - 2008 at 14:35 UAE local time (GMT+4)

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