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CLAIM #30751 · Honeywell International Inc (HON) · 2026Q1 earnings call · Apr 23, 2026 · due Dec 31, 2026

The only to just add that the margins will improve as well in the second half for the business, given better mix, more volume leverage and strong pricing.

Mike Stepniak · CFO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: Process Automation Technology (PA&T) segment margin, second half of fiscal year vs. first half

It came true if: H2 segment margin (%) higher than H1 segment margin (%)

Where: Company segment reporting (10-Q/10-K segment margin disclosures or Q3/Q4 earnings call commentary)

In context

aid that the spreads remain favorable. So just what's the impact on UOP near term? And then as we see some normalization? Vimal Kapur: Yes. So as you saw, I just mentioned in our earlier conversation that we remain very, very convicted on the fact that we'll have PA&T Process Automation Technology, second half at high single digits. That's driven by the two facts. One is our backlog is very strong due to the 3 successive quarters of order booking and then [ Q2 ] was also looking very, very robust at this point. And then we do expect the catalyst demand favored by the favorable spreads. So all things being equal, we remain very confident of the second half performance for Process Automation Technology business due to a combination of backlog and catalyst demand coming ahead. Mike Stepniak: The only to just add that the margins will improve as well in the second half for the business, given better mix, more volume leverage and strong pricing. Operator: Our next question comes from the line of Nicole DeBlase with Deutsche Bank. Nicole DeBlase: I'm sorry to beat a dead horse on this Aerospace issue, but I just have one more follow-up on this. Like when we look across the 3 subsegments of commercial aftermarket, commercial OE and defense and space, which were impacted by the issue in the first quarter? And how should we think about the path to improvement within those 3 pieces into 2Q? James Currier: Nicole, this is Jim. It actually impacted all of 3 end market segments. When I talk about specific outlines within our Engines and Power Systems business, it was both commercial and again, very acute. It impacted both Commercial and it also impacted Defense Engine outlines. And then some of that, obviously, being that the supply base

Verify independently

SEC filings for HON · Claim quote is verbatim from the 2026Q1 earnings call.