ABB : After a decent Q1, heading towards the major resilience test in Q2
>Slight adjustment to our figures - Q1 2020 numbers topped expectations (ODDO BHF and the consensus) but Q2 will be the real test of resilience; we are now forecasting revenues down -17% l-f-l and an operating margin down -600bp. For the full year, we expect -10% and -190bp respectively. In our forecasts, we have slightly lowered the 'normal' restructuring charges and the costs associated with the disposal of PG, which explains the upward revision to EPS. In terms of ...ABB specializes in power and automation technologies. Co. provides a broad range of products, systems, solutions and services that are designed to boost industrial productivity, increase power grid reliability, and enhance energy efficiency. Co.'s automation businesses serve a full range of industries with process optimization, control, measurement and protection applications. Co.'s power businesses focus on power transmission, distribution and power-plant automation, and support electric, gas and water utilities, as well as industrial and commercial customers.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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