14506333-004 HONEYWELL

The COVID-19 pandemic continued to impact the global economy and certain of our business; however, our execution during 2021 allowed us to grow our market share, exceed our financial commitments, and strategically position our business for continued success. In 2021, we delivered sales growth of 5% to $34.4 billion, led by strong demand in our Warehouse and Workflow Solutions, Productivity Solutions and Services, Advanced Materials, and Commercial Aviation businesses.

We deepened focus on our three transformation initiatives to actively deploy capital to achieve portfolio optimization, drive a culture of innovation enabling growth, and lead in Environmental, Social, and Governance objectives. In executing on these initiatives, we completed four acquisitions, drove growth in sustainable technologies and positively impacted our communities that face continued challenges from the COVID-19 pandemic and other socioeconomic factors. While executing our strategy, we maintained our commitment to create long-term shareowner value by realizing the benefits of operating efficiencies and deploying $8.2 billion to capital expenditures, dividends, share repurchases, and mergers and acquisitions, which was approximately $2.2 billion in excess of our operating cash flow for the year. 

As we look forward, we intend to continue deploying capital to high-return opportunities, including software and services with recurring revenue streams, and sustainable technologies, positioning our business for future growth. Overall, our orders were up 11%, compared to 2020, and we carry a robust backlog of $27.7 billion as of December 31, 2021. We continue to monitor and respond to several ongoing macroeconomic factors, including supply chain constraints accompanied by shortages and rising costs for materials and labor. We implemented and continue to identify actions to mitigate the effect of these factors and reduce the impact on our businesses. 

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JUSTWELL PTE. LTD. sells new and discontinued products, and purchases such specialty products through independent channels.JUSTWELL PTE. LTD., Ltd. is not an authorized distributor, distributor, or representative of the featured products on this website. All product names/images, trademarks, brands, and logos used on this website are the property of their respective owners. Product descriptions, descriptions, or sales with these name images, trademarks, brands, and logos are for identification purposes only and do not imply any association or authorization with any rights holders.

Our main products include DCS control system spare parts, PLC system spare parts, and robot system spare parts. Our advantageous brands include Allen Bradley, Bently Nevada, ABB, HIMA, Reliance, Bender, National Instruments, Emerson Ovation, Honeywell, Siemens, Allen Bradley, ICS Triplex, FOXBORO, Schneider, GE Fanuc, Motorola, HIMA, Prosoft, and other imported industrial components. Our main products serve a wide range of electronic, metallurgical, chemical, and power plants Industries such as steel mills, rubber, cement, machinery and equipment, and construction.

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