ABB boosted by data centre demand and beats forecasts
ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.
| Countries | Suisse, France, États-Unis |
|---|---|
| Companies | SoftBank, ABB |
| Sector | Réseaux électriques, Mobilité |
| Theme | Marchés & Finance |
Swiss-Swedish industrial conglomerate ABB reported strong financial results for the third quarter, supported by solid demand for electrical equipment dedicated to data centres. The group’s net profit reached $1.2bn (CHF1.10bn), up 28% year-on-year, while revenue rose 9% to $9bn (CHF8.24bn).
Comments
Sign in to leave a comment.