Finance

Honeywell quarterly profit rises 6.3 percent

A view of the corporate sign outside the Honeywell International Automation and Control Solutions manufacturing plant in Golden Valley, Minnesota, January 28, 2010. REUTERS/ Eric MillerThomson ReutersView of corporate sign outside the Honeywell International Automation and Control Solutions manufacturing plant in Golden Valley

(Reuters) – Honeywell International Inc
posted a 6.3 percent rise in quarterly profit, helped by strength in its automation and climate control systems businesses.

Net income attributable to Honeywell rose to $1.19 billion, or $1.53 per share, in the first quarter ended March 31 from $1.12 billion, or $1.41 per share, a year earlier.

Net sales rose 3.4 percent to $9.52 billion.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Anil D’Silva)

Read the original article on Reuters. Copyright 2016. Follow Reuters on Twitter.

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