Abb issues trading update following better-than-anticipated performance in q1

Zurich--(business wire)--abb is publishing preliminary information on its first-quarter 2021 results, which according to the information available to the company, is better than the latest company guidance and current market consensus. the preliminary results were driven by a stronger-than-anticipated market development, especially during the last weeks of march, and relates primarily to the short-cycle business. quarterly demand is likely to have been supported by customer stock-building activ
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