Manufacturer Honeywell profits up 18 per cent
( dpa ) - Honeywell International, a US manufacturer of aircraft controls and other mechanical aircraft systems, said Friday profits in the fourth quarter of 2007 rose 18 per cent to 689 million dollars.
Revenues rose 12 per cent from the year-earlier period to 9.3 billion dollars, the Morris Township, New Jersey-based firm said.
Net income rose 17 per cent to 2.4 billion dollars, or 3.16 dollars per share for the year. Yearly revenue was up 10 per cent 34.6 billion dollars.