CLAIM #30753 · Honeywell International Inc (HON) · 2026Q1 earnings call · Apr 23, 2026 · due Dec 31, 2026
“I do expect that business to start performing more like low single-digit growth.”
Vimal Kapur · CEO
How to check this claim
Look at: Industrial Automation segment organic revenue growth rate, second half of fiscal year
It came true if: second half growth between 0% and 3% (low single-digit)
Where: company segment reporting (10-Q/10-K or quarterly earnings release, Industrial Automation segment)
In context
“Automation side, Building Automation performance remains exceptionally well. As you have seen that this is fifth or sixth successive quarter, we are printing high single-digit growth. Not only the demand remains robust. So it continues to perform well through our new product introduction and perform better than market. Industrial Automation also the demand is shaping up well. Initially, when the start of the year, we had expressed concern on demand of short cycle in China and Europe, that certainly is recovering, which is very positive for us. We'd also see short-cycle demand in U.S. I think that's where Industrial Automation business have some pockets where we have to do more recovery, but we are trending in a very right direction. And as we have observed the Industry Automation results, I do expect that business to start performing more like low single-digit growth. Once we take out the 2 businesses which were held for sale out of our revenue forecast, I'm just saying the RemainCo business it's trending very nicely towards low single-digit [indiscernible] second half of the year. So short cycle, I would say, overall strength is favorable. On the Process market, I would say it's being clouded by the war and the disruptions, and it's just hard to separate the reality of the demand versus the disruption caused by oil prices, supply shortages, ability to do shipment. It's hard to kind of separate the facts versus reality and provide an absolute comment there. Mike Stepniak: Yes. I would just add that we're expecting short cycle to accelerate in the second quarter. It will be mid- to high single-digit growth. So we feel good about short-cycle right now. O”
Verify independently
SEC filings for HON ↗ · Claim quote is verbatim from the 2026Q1 earnings call.