ABB Ltd. : The recovery should continue in 2022, but possibly at a slower pace than expected
>Q1 2022 likely to show just a small sequential improvement to the EBITA margin - At the publication of its Q4 results yesterday morning (cf. our first take), the group surprised the market with the strength of order intake (+21% l-f-l), whilst operational EBITA was in line (at $ 988m).For Q1 2022, ABB expects the growth trend in its underlying markets to continue and has indicated that sales are set to be weaker than in Q4 (seasonal effect). Management also note...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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