Honeywell expects steady growth in Mideast
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Honeywell expects steady growth in Mideast

Honeywell expects steady growth in Mideast

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.

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    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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