Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  ABB Ltd    ABB   CH0012221716

ABB LTD

(ABB)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

ABB Wins $35 Million Order For Icebreaker in Russia's Arctic

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/01/2012 | 05:25am EDT

ZURICH--ABB Ltd (ABBN.VX) Monday said it won an order worth $35 million from the Baltic Shipyard Ltd. to supply powerful propulsion and energy efficient electrical systems for a new icebreaker vessel under construction for Russia's state shipping company Rosmorport.

MAIN FACTS:

- The order was booked in the third quarter of 2012.

- The 25 megawatt line diesel-electric icebreaker is the next-generation multifunctional diesel-electric icebreaker.

- The navigation area of the icebreaker is the Northern Sea Route, the Arctic seas and estuaries of rivers discharging into the Arctic Ocean.

- The icebreaker is able to proceed continuously both ahead and astern at the speed of 2 knots in compact ice field up to 2 metres thick with 20cm of snow cover and temperatures as low as minus 35 degrees Celsius.

- Considerable gains in energy efficiency can be achieved using an Azipod® propulsion system, with up to 20 percent fuel reduction.

- The delivery schedule is due to start in 2013 and the vessel will be delivered to Rosmorport in 2015.

-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article
ChangeLast1st jan.
ABB LTD -1.02% 194.35 Delayed Quote.15.00%
ABB LTD -0.76% 20.82 Delayed Quote.12.17%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ABB LTD
03:55aABB : Nine ABB local companies ranked among "China Top 100 Electric Companies"
AQ
04/24ABB : chemical pulp project honored with Solution Excellence Award from Modern M..
PU
04/23ABB : wins 600 MW HVDC order to reinforce Japanese power supply through HVDC JV ..
AQ
04/18ABB : upgrades switch fuse disconnector range with new Slimline XR Gold
PU
04/18ABB : CEO Exits Abruptly As ABB Revamps
DJ
04/17ABB CEO steps down abruptly in middle of group's overhaul
RE
04/17ABB CEO steps down abruptly in middle of group's overhaul
RE
04/17ABB : 1Q Earnings Snapshot
AQ
04/17ABB Chief Executive Steps Down; Peter Voser Named Interim CEO -- Update
DJ
04/17ABB Rises as CEO Steps Down, 1Q Earnings Beat Consensus -- Update
DJ
More news
Financials ($)
Sales 2019 28 935 M
EBIT 2019 2 749 M
Net income 2019 1 835 M
Debt 2019 5 083 M
Yield 2019 3,98%
P/E ratio 2019 21,57
P/E ratio 2020 14,01
EV / Sales 2019 1,72x
EV / Sales 2020 1,63x
Capitalization 44 561 M
Chart ABB LTD
Duration : Period :
ABB Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ABB LTD
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 22,7 $
Spread / Average Target 10%
EPS Revisions
Managers
NameTitle
Ulrich Spiesshofer President & Chief Executive Officer
Peter R. Voser Chairman
Timo J. Ihamuotila Chief Financial Officer
Jacob Wallenberg Vice Chairman
Matti Juhani Alahuhta Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ABB LTD15.00%44 561
ABB LTD12.17%44 561
SHANGHAI ELECTRIC GROUP COMPANY LIMITED25.51%11 974
GATES INDUSTRIAL CORP PLC17.75%4 632
ABB INDIA LTD11.79%4 517
QINGDAO TGOOD ELECTRIC CO.,LTD.--.--%3 023