FSA Announces Winners for 2004 Awards

This program celebrates leadership in the semiconductor industry, and recognizes public and private fabless companies demonstrating excellence through their success, vision, strategy, and future opportunity in the fabless industry. The award descriptions and winners include:

(December 15, 2004) Morris Township, N.J. &#8212 Honeywell announces that it expects fourth-quarter 2004 earnings of $0.49 per share, which is at the high end of prior guidance, and full-year 2004 earnings per share of $1.68. The company expects 2004 cash flow from operations and free cash flow to reach approximately $2.3 billion and $1.6 billion, respectively. The company also forecasts increased sales performance in each of its four operating segments in 2005, and earnings per share to range from $1.90 to $2.00 (not including the potential Novar acquisition). The Novar acquisition, if consummated, would be accretive to Honeywell’s 2005 earnings per share.

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