ABB - 4th quarter and full year 2017Stable in the 'transition year'
ABB has announced its figures for 2017: Stable order intake and a slight increase in sales characterize the Group's 'transition year'.
© ABB
... sales remained stable in the fourth quarter of 2017. In the service business, turnover increased by 7% and contributed 20% to total turnover - compared to 19% in the same quarter of the previous year. The weaker US dollar compared to the fourth quarter of 2016 had a positive translation effect of 3% on sales. Changes in the business portfolio in connection with the acquisition of B&R and the disposals made in 2017 had a negative impact of 1% on total sales. A look at 2017 as a whole ...