July 25 (Reuters) - Honeywell International Inc ( HON )

on Thursday lowered its annual profit forecast, due to lower

demand in its industrial automation business, sending shares of

the diversified industrial firm down 4.5% in premarket trade.

Sales in Honeywell's ( HON ) industrial automation business were hit

by volume softness in warehouse and workflow solutions as the

company looks to offload existing inventory before ordering new

products amid an uncertain economic outlook.

The company also said that sales in its mask-making safety

and productivity solutions declined year over year.

The unit's organic sales fell 8% in the second quarter ended

June 30, from a year ago.

However, sales from the company's aerospace unit, which

makes parts such as engines and navigation radios for planes

produced by Boeing Co ( BA ) and Airbus SE, boosted

overall sales by 5% to $9.58 billion.

The Charlotte, North Carolina-based company now expects an

annual adjusted profit of $10.05 to $10.25 per share, down from

its previous forecast of between $10.15 and $10.45 per share.

On an adjusted basis, quarterly profit came in at $2.49 per

share, compared with estimates of $2.42 per share.