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Why HON’s Safety & Productivity Solutions Revenue Grew in Q2 2018

Peter Neil
Why HON’s Safety & Productivity Solutions Revenue Grew in Q2 2018

Honeywell International’s (HON) SPS (Safety & Productivity Solutions) segment is its smallest but fastest growing. In Q2 2018, its contribution to HON’s total revenue expanded YoY (year-over-year) to 14.8% from ~13.1%, rising YoY to $1.61 billion from $1.43 billion.