ABB Ltd. : Good start to the year on the cards
>Q1 preview: book-to-bill of 1.1x and 5.2% comparable sales growth - We anticipate a good start to the year for ABB.Orders are set to show a decline of 4.3% in comparable terms, still pressured by short-cycle businesses (mainly the Robotics & Discrete Automation division where we see a drop in orders of 15%) and demanding comps. The book-to-bill is, however, expected to be above 1, at 1.1x (consensus at 1.06x)Sales are forecast to show growth of 5.2% in...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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