ABB takes slight setback on top line and operations in Q2

After divesting the cable business to Danish NKT, ABB is continuing its transition.

Photo: PR ABB

Swedish-Swiss manufacturing company ABB could not live up to market expectations for the top line nor for operations in the second quarter, although the order intake was reasonable.

ABB booked revenue of USD 8,454 million (EUR 7,339 million) in April, May, and June, while analysts had projected sales of USD 8,532 million, according to estimates compiled by SME Direkt.

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