Honeywell International, Inc. (HON) Presents at Barclays Industrial Select Conference (Transcript)

2/20/19

Honeywell International, Inc. (NYSE:HON) Barclays Industrial Select Conference Call February 20, 2019 10:20 AM ET

Company Participants

John Rudolph - President, Honeywell Process Solutions

John Gugel - President, Honeywell UOP

Mark Macaluso - IR

Conference Call Participants

Julian Mitchell - Barclays

Julian Mitchell

So, I think we'll get moving with Honeywell now. It’s my pleasure to have here John Rudolph and John Gugel, the Presidents of Process Solutions and UOP, respectively. Also many of you know Mark Macaluso, Investor Relations who will give some quick introductory comments.

Mark Macaluso

Good afternoon. Good morning. Real quick, the discussion in the slides that John and John are going to present contain some forward-looking information. Obviously, the information here can change, and we ask that you interpret it in that light.

Just a quick recap. Honeywell had a rather strong 2018, as I’m sure you saw. Solid organic growth, 60 basis points of segment margin expansion. Adjusted free cash flow is really a highlight. And of course we hit 100% free cash conversion. So, a big part of a lot of that progress came from our PMT business, in particular in UOP and HPS.

So, I’m going to allow John Rudolph and John Gugel to speak about each of their businesses for a minute.

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