Oct 23 (Reuters) - Honeywell ( HON ) on Thursday raised

its 2025 profit forecast despite the impact of a planned

separation of its advanced materials unit, signaling robust

growth prospects fueled by strong aerospace demand.

The business, now named Solstice, is set to start trading

independently on the Nasdaq from October 30 and is part of

Honeywell's ( HON ) plan to split into three independent companies.

Aerospace suppliers are enjoying strong demand for parts,

benefiting from planemakers ramping up production at a time of

booming new jet demand.

An existing shortage of new jets has also bolstered the

company's maintenance and repair services, as airlines are

forced to fly older, cost-intensive aircraft.

Honeywell ( HON ) now expects full-year adjusted earnings per share

between $10.60 and $10.70, which includes a 21 cent hit from the

Solstice separation. It previously expected between $10.24 and

$10.44, also adjusted for the spinoff.

The company's aerospace business, its biggest revenue

generator, saw sales rise 15% to $4.51 billion in the third

quarter, as supply chain snags also appeared to ease.

Honeywell ( HON ) reported overall sales of $10.41 billion in the

quarter, up 7% from a year ago.

Its adjusted profit per share came in at $2.82, also up from

the $2.58 it posted a year ago.