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ABBBearishEarningsnews
Materiality pending

ABB Lifts Profit Outlook Despite Sales Miss

Apr 18, 2024, 5:01 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- ABB raised profit guidance for 2024 despite flat revenue and weaker group orders. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Economic

  • ABB raised profit guidance for 2024 despite flat revenue and weaker group orders.

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