• 11/25/2024

ABB Profits Rise Despite Weaker Orders

Wall Street Journal

ABB said its operational earnings rose by a quarter to $1.4 billion despite a slight decline in new orders and forecast 2023 comparable revenue growth of at least 10% and an operational Ebita margin above 16%.

https://www.wsj.com/articles/abb-2q-net-profit-more-than-doubled-despite-decline-in-orders-42c152aa