ABB defies outlook with major orders

The Swedish-Swiss industrial manufacturer's Q1 order intake beat guidance by approximately USD 510 million, but things look less dandy further into the interim report, with the near future projected as rough for the giant due to Covid-19.
Photo: Arnd Wiegmann/Reuters/Ritzau Scanpix
Photo: Arnd Wiegmann/Reuters/Ritzau Scanpix

First-quarter harvests tend to relatively limited, with fields still largely fallow and forests offering only a slim assortment of mushrooms. That's more or less the picture.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Foto: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading