Honeywell

Honeywell posted a third quarter 2006 sales increase of 15% to US$8.0 billion, driven by a 9% organic sales growth.

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Honeywell posted a third quarter 2006 sales increase of 15% to US$8.0 billion, driven by a 9% organic sales growth.

Earnings were $0.66 per share compared to $0.54 last year, an increase of 22%.

Earnings per share growth was 36%, after taking into account income from discontinued operations ($0.04) in the same period last year, and stock options expense ($0.02) in 2006.

Cash flow from operations was $796 million versus $705 million last year, and free cash flow (cash flow from operations less capital expenditures) was $634 million versus $543 million in the third quarter of 2005.

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