Key investor takeaways from Honeywell’s 4Q14 and 2014 performance (Part 4 of 9)
Exactly what does it do?
Honeywell’s Automation and Control Solutions segment evolves items and solutions. They’re targeted at supplying clients having the ability to capture ever better data. They capture the information quicker across a radio landscape. The items and solutions improve productivity, safety, and security. They drive better making decisions. The items and solutions lead to reduced costs.
Honeywell (HON) belongs to the commercial Choose Sector Index (XLI). It faces competition from Whirlpool (General electric), Holmes, Bosch, Cherry, Eaton (ETN), Emerson (EMR), Manley Controls (JCI), Omron, Schneider, Siemens, U . s . Technologies (UTX), Hubbell Corporation. (HUB.A), Mine Safety Home appliances, Pelco, Phillips, Motorola Solutions (MSI), Chevron (CVX), GroupMac, as well as other others companies within this segment.
For 4Q14, the segment’s sales were up 6% with an organic basis. The sales were driven by better-than-expected performances both in Ain and BSD.
- Ain (Energy, Safety, and Security) sales for that items companies were up 7% year-over-year, or YoY, with an organic basis within the quarter. The sales were up 11% for that fiscal year. It was mainly driven through the new wins—like the united states seaside support and growing volumes in checking and mobility. The segment also received advantages of Intermec. It needs the pending purchase of Datamax-O’Neil will compliment its existing portfolio within the attractive barcode printing space it acquired with Intermec. The segment also saw cool product introductions, more transmission in high growth regions, and greater residential sales.
- BSD (Building Solutions and Distribution) sales increased by 4% YoY with an organic basis. The sales increased because of ongoing strength within the nation’s fire and security distribution companies and acceleration in building solutions.