ABB: raises revenue forecasts for 2021

(CercleFinance.com) - ABB has published preliminary information regarding its revenue forecasts for 2021, with the group expecting a Q1 operational EBITA margin of around 13.
5% on sales of about 6.9 billion dollars, up 7% on a comparable basis.

It now expects comparable revenue growth of around 5%, or more, including an anticipated recovery of the process industry in the second half of the year.

For the record, the Swiss engineering group that is a specialist in energy and automation previously expected "comparable revenue growth to be broadly in line with its long-term target range".


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