ZURICH (Reuters) – ABB
“Although it is not yet possible to determine the exact impact of COVID-19 on ABB’s first quarter results, ABB expects revenues to decline in all its businesses relative to a year ago, while orders are somewhat less impacted,” ABB said in a statement.
Profitability would also decline as the company struggled with lower volumes, it added.
(Reporting by John Revill; Editing by Michelle Martin)




