ABB Ltd. : Q3 preview: in the same vein as Q2, discrete automation under pressure
>Q3 2024 preview: book-to-bill of 0.97x and 5% comparable revenue growth - We forecast a decent Q3 in the same vein as in Q2, with confirmed trends: demand underpinned on the data centres and utilities segment, gradual upturn in some short-cycle businesses, and still a marked decline in demand in discrete automation. Our forecasts are relatively close to those of the consensus except for orders, on which we are slightly more conservative.Orders will likely be bro...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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