Growth Is Picking Up At ABB, With Book-To-Bill Indicating It Will Not Slow Down Soon [Seeking Alpha]
ABB Ltd (ABB)
Last abb ltd earnings: 7/25 12:46 am
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Source: Seeking Alpha
Growth Is Picking Up At ABB, With Book-To-Bill Indicating It Will Not Slow Down SoonSummaryABB could buy the GE Power Conversion unit without bloating the balance sheet. It would be a nice addition to their existing portfolio with similar focus points.Margins in the Power Grids division are not high enough, in part because of the GE Industrial Solutions integration that's not finished yet.The Industrial Automation segment has built up new orders.Book-to-bill ratio of 1.10 signals that market demand is increasing.
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