ABB Profit Margin Widens as Cost Cuts Help Offset SlowdownBy
Fourth-quarter Ebita margin rises 60 basis points to 11.7%
Swiss company sees Chinese growth in 2016 -- at slower pace
ABB Ltd. fourth-quarter profit margin widened as the Swiss maker of industrial robots cut costs to offset a slowdown in China and the oil and gas industry.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.