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ABB Disappoints Investors by Leaving Growth Target Unchanged
Summary by Financial Post
5 Articles
5 Articles
The portfolio restructuring follows the announcement of the planned sale of its robotics division.
·Brazil
Read Full ArticleThe technology group ABB raises its ambitions in terms of profitability. The growth targets remain unchanged, but efforts for acquisitions are to be stepped up in the future.
The technology group ABB is increasing its previous financial targets. The company is more ambitious than before in view of the operating profit margin, but the revenue growth target remains unchanged.
Zurich-based electrical engineering giant ABB raised its ambitions for 2025 on Tuesday. Management said it is focused on future acquisitions and plans to reward its shareholders more.
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Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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