BOSTON (Reuters) - Diversified U.S. manufacturer Honeywell International Inc believes its revenue could grow to a range of $41 billion to $45 billion over five years, as the world economy climbs out of a severe recession.
Chief Executive Dave Cote made that projection in a presentation to analysts on Monday, saying that the world's largest maker of cockpit electronics could see a rapid, or "V-shaped" recovery in some markets as customers stop cutting inventory.
The $41 billion to $45 billion target, which the company could reach by 2014, would be well above the Morris Township, New Jersey-based company's most recent revenue peak of $36.56 billion, reached in 2008.
This year, Wall Street looks for full-year earnings of $2.38 per share on $31.82 billion in revenue, according to Thomson Reuters I/B/E/S.
HONEYWELL (HON.NY)s competitors include United Technologies Corp
(Reporting by Scott Malone, editing by Leslie Gevirtz)
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