A
A

ABB

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

ABB posts 'promising' start to 2022 with big jump in orders

* Company posts strongest order intake since Q2 2020 * Expects market activity to continue at same level in Q2 * Shares indicated 3.1% higher in premarket By John Revill ZURICH, April 21 (Reuters) - ABB ABBN.S shrugged off rising global uncertainties like the war in Ukraine and increasing inflation to post a big jump in orders during the engineerin
A

ABB posts 'promising' start to 2022 with big jump in orders

ZURICH, April 21 (Reuters) - ABB ABBN.S expects to continue its "promising" start to 2022, the engineering and technology company said on Thursday, after posting better-than-expected profit and a big jump in orders during the first quarter. The maker of factory robots and industrial drives reported operating profit before interest, tax and ammortis
A

ABB expects to raise $750 mln from flotation of e mobility business

ZURICH, Feb 3 (Reuters) - ABB ABBN.S expects to raise at least $750 million from the flotation of its electric vehicle charging business later this year, Chief Executive Bjorn Rosengren said on Thursday. The IPO will likely take place in the first half of 2022, with the company seeking a listing on the SIX Swiss Exchange, Rosengren said. ABB will u
A

ABB expects supply bottlenecks to continue in short term

* Saw big demand uptick in all sectors in Q4 * Orders grew much more strongly than revenues * Expects market to stay stable at start of 2022 * Sees positive market momentum this year By John Revill ZURICH, Feb 3 (Reuters) - ABB ABBN.S expects supply chain shortages to remain a drag on growth at the start of 2022, the Swiss engineering group said on
A
S

ABB Q4 profit beats forecasts

ZURICH, Feb 3 (Reuters) - ABB ABBN.S reported better-than-expected profit during its fourth quarter on Thursday as the Swiss engineering group saw significantly higher demand but was held back by ongoing disruptions in its supply chain. The maker of fast chargers for electric vehicles and industrial drives for factories reported net income of $2.64
A

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.