ABBDeclines in the 1st quarter
ABB had to report declines in both order intake and sales in the figures for the first quarter of 2016. Things are looking better for the service business, which is growing slightly and is becoming increasingly important for the company.
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<p>"We are continuing the consistent implementation of our next-level strategy and are making further capacity adjustments," said Ulrich Spiesshofer, Chief Executive Officer of ABB.</p> © ABB