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  >  Swiss Exchange  >  ABB Ltd    ABBN   CH0012221716

ABB LTD

(ABBN)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

ABB shareholder Cevian fully supports CEO appointment

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/12/2019 | 02:48am EDT

ZURICH (Reuters) - Activist investor shareholder Cevian on Monday said it fully supported the appointment of Bjorn Rosengren as the new Chief Executive at ABB.

Cevian, ABB's second largest shareholder with a 5.3% stake, had been critical of ABB's complicated structure and had campaigned for a separation of its power grids business.

"We fully support the appointment of Bjorn Rosengren as new CEO of ABB," said Cevian co-founder Lars Forberg. "He has the right experience and leadership style to successfully drive ABB's transformation and strategy."

(Reporting by John Revill; Editing by Thomas Seythal)

Stocks mentioned in the article
ChangeLast1st jan.
ABB LTD -0.25% 20.07 Delayed Quote.7.62%
INVESTOR AB 0.36% 478.8 Delayed Quote.27.02%
SANDVIK AB -1.09% 158.4 Delayed Quote.26.75%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ABB LTD
09/18ABB : partners with Huawei for industrial cloud in China
PU
09/18ABB : signs major framework contract with APG for largest ever grid expansion in..
AQ
09/12ABB : begins construction of new robotics factory in Shanghai
AQ
09/10ABB : releases the newest extension of their vacuum contactor series
PU
09/05ABB : and China's King Long to develop E-bus with world's fastest flash-charger
PU
09/02ABB : First ever ABB electric propulsion to be installed on board a bulk carrier
PU
08/29RENEWABLE ENERGY : Market 2019 Will Generate New Growth Opportunities in The Upc..
AQ
08/19ASTRAZENECA : Directorate Change
AQ
08/12ABB shares jump as new CEO raises turnaround hopes
RE
08/12ABB : New ABB CEO is committed to at least five years at company
RE
More news
Financials (USD)
Sales 2019 28 621 M
EBIT 2019 1 737 M
Net income 2019 1 272 M
Debt 2019 6 285 M
Yield 2019 4,05%
P/E ratio 2019 35,8x
P/E ratio 2020 16,3x
EV / Sales2019 1,73x
EV / Sales2020 1,56x
Capitalization 43 161 M
Chart ABB LTD
Duration : Period :
ABB Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ABB LTD
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 22,07  $
Last Close Price 20,24  $
Spread / Highest target 48,5%
Spread / Average Target 9,08%
Spread / Lowest Target -19,3%
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