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Place: NYSE Indice: DOW
JONES
Honeywell
International is a US$30 billion diversified technology and manufacturing
leader, serving customers worldwide with aerospace products and services;
control technologies for buildings, homes and industry; automotive products;
turbochargers; and specialty materials. Based in Morris Township, N.J.,
Honeywell's shares are traded on the New York, London, Chicago and Pacific
Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones
Industrial Average and is also a component of the Standard & Poor's
500 Index.
Honeywell International produit
et commercialise des équipements industriels.
-aéronautique : moteurs,
systèmes de communication, équipements d'éclairage,
roues, etc. Le groupe propose également des services de maintenance,
d'assistance technique, etc.
-contrôle et automatisation
: équipements destinés aux maisons individuelles et aux bâtiments
(systèmes de contrôle du chauffage, de la ventilation, alarmes
anti-incendie, etc.) ainsi qu'à l'industrie (systèmes destinés
aux processus de production, détecteurs, etc.)
-matériaux spéciaux
: polymères et produits chimiques (fibres, résines, etc.)
et composants électroniques (matériels de fabrication des
tranches de silicium, circuits, etc.)
-énergie et transport
: turbocompresseurs, systèmes d'alimentation, produits d'entretien
automobile (filtres, bougies, etc.), matériaux de friction, etc.
Honeywell
Unveils World's First Parallel Sequential Dual Stage Turbo for Diesel Application
PRNewswire - PARIS September 28 -
PARIS,
September 28 /PRNewswire/ -
-
The New Dual-Stage Turbo System Makes its Debut on PSA Vehicles
Honeywell
(NYSE: HON) has announced the launch of the world's first diesel parallel
sequential dual stage turbo system, which makes its debut on the 4-cylinder
engines of PSA group's Peugeot 407 and 607, and the Citroen C5 and C6.
The new turbo system will be on display at the 2006 Paris Motor Show at
Honeywell Turbo Technologies' stand located at Hall 4, Stand 128.
This
latest Honeywell advance represents a new step in two-stage turbo technology,
delivering up to 30% more torque over PSA's 2.2 liter baseline diesel engine
and improving third gear acceleration in the 30kph - 60kph range by up
to 50%. The 2.2 liter Peugeot HDi diesel engine now delivers full torque
of 330 Nm at 1300rpm and 370Nm at 1500rpm,
unprecedented
in an engine of this size at such low rpm.
"We
are thrilled about what this innovative dual-stage technology could achieve
for PSA," said Alex Ismail, newly named President of Passenger Vehicles
at Honeywell Turbo Technologies. "This again demonstrates Honeywell's commitment
to developing advanced turbo technologies that deliver value for customers
and better performance and fun of driving for consumers."
The
development of the new dual-stage turbo system with PSA began in 2003.
Rather than opting for a serial sequential turbocharging configuration,
where a smaller high-pressure turbo works in advance of a much larger turbo,
PSA and Honeywell selected for this engine platform the parallel sequential
arrangement where two small turbos work side by side at high rpm but only
one turbo delivers the torque at low rpm.
What
makes Honeywell's parallel sequential dual-stage turbo technology so effective
for PSA is the specially-designed and patented progressive control valve
that accelerates the second turbo even when it is idling during the first
engine phase. Pressurized air from the first turbo is used to avoid any
likelihood of oil leakage. The system also includes a position feedback
sensor which is controlled by the Engine Control Unit.
Honeywell
is also developing serial sequential dual-stage turbo system expected to
be introduced around 2007, and is thus able to provide both parallel sequential
and serial sequential solutions. With both technologies in the product
portfolio, Honeywell is able to tailor the best solutions for OEM needs
for all engine types, displacements, performance and emission targets.
Honeywell
Turbo Technologies is recognized around the world as one of the leading
manufacturers of engine boosting systems for passenger cars and commercial
vehicles, and has forged global partnerships with automotive manufacturers.
Honeywell turbochargers offer the very latest in boosting technologies
to improve vehicle performance and driveability while increasing fuel efficiency
and reducing emissions.
Honeywell
Reports Second Quarter Sales Up 12% To $7.9 Billion And Earnings Up 75%
To 63 Cents Per Share
Company
Raises Full-Year Earnings Guidance to $2.48 - $2.53 Per Share
MORRIS
TOWNSHIP, N.J., July 20, 2006 -- Honeywell (NYSE: HON) today announced
second-quarter 2006 sales of $7.9 billion, up 12% over the prior year,
and earnings per share of $0.63 versus $0.36 last year. Earnings per share
growth was 27%, after taking into account a tax charge for cash repatriation
($0.18) and income from discontinued operations ($0.03) in the second-quarter
of 2005, and stock options expense ($0.02) in 2006. Cash flow from operations
was $935 million and free cash flow (cash flow from operations less capital
expenditures) was $786 million versus $410 million in the second quarter
of 2005.
“We
feel very good about the first half of 2006 and are confident about the
remainder of the year,” said Honeywell Chairman and CEO Dave Cote. “Our
strong second-quarter results were driven by favorable organic growth,
margin expansion and a significant increase in free cash flow. As part
of our disciplined cash deployment philosophy, we repurchased 12 million
shares of stock in the second quarter and have repurchased 20 million shares
since the beginning of this year.”
“As
a result of this strong performance and our confidence in the second half
of 2006, we have raised our full-year earnings guidance to $2.48 - $2.53
per share from the previous $2.40 - $2.50 per share,” continued Cote.
“We
believe that end market conditions will remain favorable and macro trends
will support our long-term business growth,” concluded Cote. “Honeywell’s
breadth of technologies, products and services, combined with great positions
in good industries, will continue to drive our performance.” |