Engineer Reports Q4 Slowdown, China Issues Hurt ABB

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  • Sees low to mid single digit rise in Q4 rev vs 11% in Q3
  • Q3 EBITA $1.39 billion, broadly in line with forecasts
  • Shares down 5%

ABB slips as engineer flags Q4 slowdown and China challenges, reveals a Reuters news source.

ABB flagged a slowdown

ABB (ABBN.S)flagged a slowdown in revenue growth in the fourth quarter and reported a continued decline in orders in China, sending its shares lower even as the Swiss engineering group posted third-quarter earnings broadly in...

https://mfame.guru/engineer-reports-q4-slowdown-china-issues-hurt-abb/

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