ABB Ltd. : After Q4 EBITA just missed expectations, the 2024 guidance is reassuring
>Results just miss expectations, except for FCF - ABB yesterday reported Q4 figures that fell slightly short of expectations at the operating level: i/ stable orders at $ 7.6bn, ii/ sales of $ 8.2bn, +6% l-f-l (consensus +4%), with a 2% price effect and 4% volume growth, iii/ an operational EBITA margin of 16.3% ($ 1,333m) vs 16.6% expected ($ 1,346m). This result includes a capital gain of around $ 40m (sale of real estate assets) and (non-recurring) charges for prod...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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