ABB Ltd. : Very robust Q1 and Q2 set to be in the same vein
>Q1 exceeds expectations - Yesterday morning, ABB reported Q1 results that were expected to be good quality but which were nevertheless a positive surprise. Orders rose 9% (consensus -4%) with three of the four divisions showing increases, including 55% for process automation (PA). The robotics and discrete automation (RA) division was the only one to post a decline in orders, of -20%, undermined by a high base of comparison (pre-ordering in Q1 2022). The book-to-bill...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.