United technology company said on Thursday, in addition to the aircraft parts and components manufacturers gude richie company will help it overcome the European economic recession next year, reduce America's defense spending.
In its annual outlook meeting, jet engine manufacturer pratt · Whitney company, Otis elevator and other company's parent company said that next year is expected to revenue between $, $6.4 billion and $6.5 billion. This is Wall Street expectations, but still more than 10%, more than 2012 years of income is $58 billion.
CEO Louis Chenevert included in Hartford, Connecticut, the company's $18.4 billion purchase - its the largest - gude richie, promote the income growth.
"In 2013, UTC of reforming portfolio will be very advantageous position, accelerating the top line growth," he said.
Chenevert repeat, cost $100 million after stop repurchase in September 2011, focus on the acquisition of gude richie company's commitment, in 2013 recovery stock repurchase. But he suggested, finally could double.
"People would say, we have to do a $2 billion, or about $2 billion over and over again, I would say, this may be an appropriate expectations," he said.
He said he will continue to search for the company to purchase, but did not see what large on the horizon. "
United Technologies corporation (United Technologies) to tighten its 2012 earnings outlook, to $5.32 a share, from $5.25 before range of $5.35, in line with Wall Street expectations. Next year is expected to $5.85 to $6.15 per share. Analysts expect, $6.15 eps of $6.613 billion, according to FactSet.
Edward Jones analysts Christian maes said, income growth will be driven in commercial aviation industry rising demand, this is the purchase of aircraft and high efficiency and energy saving motor, and recovery in the united technologies company building system company, Otis elevator and carrier heating, ventilating, and air air conditioning.
Otis, in order to increase the elevator service work, be conducive to the strengthening of the real estate market in China, maes said.
"This is ready to make a comeback next year," he said.
But United Technologies corporation (United Technologies) was ready in Afghanistan's military spending cuts in the United states under the wind and barack Obama government looks pentagon cutting the federal deficit. Pratt &whitney announced last week that it is to cut about 100 workers through layoffs and acquisitions, because demand falls, maintenance work, complete procedures established F - 22 fighter engine.
Chenevert said, next year is the focus of the United Technologies corporation (United Technologies) digestion acquisition gude richie. So far, it's work, he said.
"All the signs are there, it will be a perfect marriage, in a few years," he said.




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