Honeywell CEO: We'll Make Acquisitions That Make Sense

The transcript discusses Honeywell's investor relations, focusing on margin performance and investor satisfaction. It clarifies that investors were not displeased with the first quarter results, despite rumors. The company plans to continue its strategy of organic growth, cash deployment, and strategic acquisitions. Honeywell is not pursuing a merger with United Technologies, as the opportunity has passed. The company will continue to manage its portfolio by adding valuable assets and divesting non-core units.

What was the main reason for the perceived investor dissatisfaction with Honeywell's performance?

• Low organic growth

• Decreased margin rates

• Impact of acquisitions

• High operational costs

How does Honeywell plan to use its cash to benefit shareholders?

• By increasing dividends faster than earnings

• By reducing operational costs

• By expanding into new markets

• By increasing employee salaries

What was the outcome of the potential merger talks with United Technologies?

• The merger was rejected by Honeywell

• The opportunity was missed and is no longer pursued

• The talks are still ongoing

• The merger was completed successfully

What is the significance of Honeywell's CAPEX reinvestment rate?

• It shows a high level of investment in business growth

• It indicates a reduction in operational costs

• It suggests a focus on short-term profits

• It reflects a decrease in shareholder dividends

What is Honeywell's approach to managing its portfolio?

• Maintaining the current portfolio without changes

• Divesting all non-core businesses

• Focusing solely on acquisitions

• Adding to the top and removing from the bottom