Managing Partner, VRS (Valuation & Research Specialists)

VRS (Valuation & Research Specialists)

Managing Partner

Valuation & Research Specialists (VRS) is a boutique financial advisor with more than 17 years of experience in Corporate Valuation and Finance, and a diversified client base including some of the largest Companies in Greece.

Since 2002, VRS has completed more than 200 engagements in the areas of business valuation and financial analysis for more than 100 clients in a wide range of industries.

VRS has been honored to work with small and large private and publicly traded companies in Europe and overseas.

Boutique Financial Advisor

Equity Bottom-Up

Honeywell International / Equity Bottom-Up

<ul><li>Our estimations for FY 2026 (ending December 2026) annual revenue range at around $39,314 million and for 2027 at around $41,083 million.</li><li>The company’s annual revenue reached $37,442 million in FY 2025 compared to $34,717 million in 2024, posting an annual increase by 7.85%.</li><li>During FY 2025, EBITDA amounted to $8,208 mil- lion, while EBT and EATAM settled at $5,476 million and $4,729 million respectively.</li></ul>

Our estimations for FY 2026 (ending December 2026) annual revenue range at around $39,314 million and for 2027 at around $41,083 million.The company’s annual revenue reached $37,442 million in FY 2025 compared to $34,717 million in 2024, posting an annual increase by 7.85%.During FY 2025, EBITDA amounted to $8,208 mil- lion, while EBT and EATAM settled at $5,476 million and $4,729 million respectively.

HONEYWELL INTERNATIONAL INC. Equity Research Flash Note: June 2026

United States

Honeywell International Inc. is a worldwide diversified technology and manufacturing company providing aerospace products and services, control, sensing and security technologies, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions.

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