ABB - 4th quarter and full year 2016The market environment remains difficult
The ABB Group has announced its figures for the 2016 financial year: Although growth in order intake and sales was recorded in the final quarter, the annual balance sheet shows a minus for both key figures.
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ABB's order intake in the fourth quarter was supported by various major orders, including the USD 640 million ultra-high-voltage direct current order in Raigarh-Pugalur, India, and the USD 100 million modernization of the Sylmar converter station on the Pacific Intertie high-voltage direct current line in the USA. For the financial year as a whole ...
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