<div id="readability-page-1"><div>Feb 11 (Reuters) - Solstice Advanced Materials forecast full-year 2026 earnings below market estimates on Wednesday, overshadowing solid fourth-quarter sales growth and continued strength in nuclear and electronic materials. The speciality materials maker that spun off from Honeywell in October expects 2026 adjusted earnings per share of $2.45 to $2.75, below analysts' average estimate of $2.93 per share, according to data compiled by LSEG. Solstice expects annual sales of between $3.9 billion and $4.1 billion, compared with an estimate of $3.96 billion. The revenue forecast signals modest growth from 2025, but continued pressure on profitability as the company absorbs higher operating costs and navigates the transition to low-global-warming-potential refrigerants. The product shift, along with plant downtime and other operational headwinds, has weighed on margins even as demand tied to nuclear energy, data centers and artificial intelligence remains strong. Chief Executive David Sewell told Reuters the company now sees the impact of its strategy as a standalone business focused on secular growth trends. Rapid growth in AI-driven data centers is boosting demand for its thermal management and refrigerant products, while advanced computing is driving growth in semiconductor electronic materials. Rising power needs linked to AI and data center expansion also support its nuclear energy business, he said, citing double-digit fourth-quarter growth across those segments. Fourth-quarter net sales rose 8% to $987 million, driven by double-digit growth in Nuclear (Alternative Energy Services), Electronic Materials and refrigerant products and also beat estimates of $923.3 million. However, adjusted standalone EBITDA for the October-December quarter fell nearly 20% to $189 million, with margin narrowing 662 basis points to 19.1%. (Reporting by Arunima Kumar in Bengaluru; Editing by Tasim Zahid)By Arunima Kumar</div></div>

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霍尼韋爾

霍尼韋爾分拆出的 Solstice Advanced Materials 預計 2026 年的收益將低於市場預期，預計調整後的每股收益為 2.45 美元至 2.75 美元，而分析師預期為 2.93 美元。儘管第四季度銷售增長強勁，達到 9.87 億美元，同比增長 8%，但由於運營成本上升以及向低全球變暖製冷劑的轉變，公司的盈利能力受到壓力。該公司預計年銷售額將在 39 億美元至 41 億美元之間，顯示出適度增長，但仍面臨持續的利潤率挑戰。首席執行官 David Sewell 強調，儘管調整後的第四季度息税折舊攤銷前利潤（EBITDA）下降近 20%，但核能和人工智能驅動的數據中心的強勁需求仍是增長動力

Honeywell spinoff Solstice sees 2026 profit below estimate as margins remain under pressure

霍尼韋爾分拆公司 Solstice 預計 2026 年利潤將低於預期，因其利潤率持續承壓