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Heavy Electrical Equipment

ABB expects commodity price rises to have less of an impact in rest of year

July 20 (Reuters) - ABB Ltd :ABB CFO says expects commodity prices to have less of an impact in q3, q4.ABB CEO says B&R acquisition working well, in line with expectations, optimistic will keep growth trajectory.ABB CEO says getting signals there will be significant spending on power grids in...

Thursday, 20 Jul 2017 09:09am EDT

ABB CEO says Cevian relationship is very good

July 20 (Reuters) - Abb Ltd :ABB CEO says there could be acquisitions in the future but only in a disciplined way.ABB CEO says cevian relationship is a very good one, working very well together.ABB CEO says a very positive and constructive relationship with Cevian.Abb CEO says declines comment on...

Thursday, 20 Jul 2017 04:07am EDT

ABB India June-qtr profit rises about 35 pct

July 20 (Reuters) - ABB India Ltd :June quarter profit 750.6 million rupees versus inr 556. 4 million.June quarter total revenue from operations 23.62 billion rupees versus 22.26 billion rupees.

Thursday, 20 Jul 2017 03:09am EDT

ABB CEO says company will take action to tackle overcapacity

July 20 (Reuters) - ABB Ltd :ABB CEO says sees more opportunity to take action on overcapacity side.ABB CEO says expects improvment in pricing during 2h to offset commodity price inflation.ABB CEO says 2q margins didn't meet our expectations, company will initiate additional actions.

Thursday, 20 Jul 2017 02:08am EDT


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