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Honeywell reports Q1 profit decline amid restructuring costs and sells Warehouse business.
Honeywell reported a first-quarter profit decline to $821 million, driven by restructuring costs, despite sales rising 2% to $9.14 billion.
The company reaffirmed its 2026 guidance and announced plans to sell its Warehouse and Workflow Solutions business, with the Aerospace spin-off expected to complete in June.
Shares fell roughly 8.5% pre-market.
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Honeywell reporta una disminución de los beneficios del primer trimestre en medio de los costos de reestructuración y vende el negocio de almacén.