ABB : We are expecting demand to be weakened in Q3 (publication on 23 October)
>Slower demand and further reorganisation in Q3 - We are expecting orders totalling $Â 6,700m, revenues of $Â 6,980m, operational EBITA of $Â 785m (11.2% margin), EBIT of $Â 595m and net profit of $Â 436m. The quarter should see a slowdown in orders (0/-1% est.) and revenues (+1% est.), which does not seem to be over. In terms of charges, stranded costs totalling $Â 70m should have an adverse impact on Q3, along with the $Â 100m for simplifying the entities and $Â 90m for the...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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