ABB wary of hailing recovery after first order growth since 2015

ABB sees signs of order growth for the first time since 2015, but this is not enough to call a turnaround in light of political uncertainty and dwindling demand from the oil and gas industry.
Photo: ABB
Photo: ABB
BY ALICE BAGHDJIAN, BLOOMBERG

ABB Ltd. said the first signs of order growth in two years are not enough to call a turnaround as dwindling demand from the oil-and-gas industry and an increasingly uncertain political situation weigh on the outlook.

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