Jul.22 — ABB Ltd. Chief Executive Officer Bjoern Rosengren discusses the company’s portfolio strategy after the engineering firm posted second-quarter results which beat estimates. “We made numerous large acquisitions which are still not operating at the levels we need,” Rosengren said in an interview in Zurich with Manus Cranny on “Bloomberg Markets: European Open.”
In This Story: ABB Ltd
ABB Ltd, formerly ASEA Brown Boveri, (SIX: ABBN, NYSE: ABB, Nasdaq Stockholm: ABB) is a Swedish–Swiss multinational corporation headquartered in Zürich, Switzerland, operating mainly in robotics, power, heavy electrical equipment, and automation technology areas. It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years. Until the sale of its Power Grids division in 2020, ABB was Switzerland’s largest industrial employer. ABB is traded on the SIX Swiss Exchange in Zürich, Nasdaq Stockholm and the New York Stock Exchange in the United States.
2 Recent Items: ABB Ltd
