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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  ABB Ltd    ABBN   CH0012221716

ABB LTD

(ABBN)
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Delayed Quote. Delayed Swiss Exchange - 07/13 11:30:52 am
22.97 CHF   +0.04%
08:38aABB LTD : Receives a Buy rating from UBS
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News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Britain's fraud office closes investigation into Switzerland's ABB

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05/19/2020 | 04:57am EDT

The UK Serious Fraud Office has closed a three-year bribery and corruption investigation into the British subsidiaries of Swiss engineering company ABB, it said on Tuesday.

The investigator and prosecutor has said its inquiry into the activities of the ABB units, their officers, employees and agents was related to its probe into the activities of Monaco-based oil and gas consultancy Unaoil.

"After a thorough and detailed review of the available evidence, the SFO has concluded that this case did not meet the relevant test for prosecution...," the SFO said in a statement.

ABB was not immediately available for comment.

The SFO only proceeds with criminal investigations if the evidence supports a realistic prospect of conviction and if the prosecution is in the public interest.

(Reporting by Kirstin Ridley, editing by Louise Heavens)

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Financials (USD)
Sales 2020 24 344 M - -
Net income 2020 4 349 M - -
Net cash 2020 173 M - -
P/E ratio 2020 13,1x
Yield 2020 3,35%
Capitalization 52 014 M 52 109 M -
EV / Sales 2019
EV / Sales 2020 2,13x
Nbr of Employees 144 000
Free-Float 86,4%
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Technical analysis trends ABB LTD
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 22,53 $
Last Close Price 24,38 $
Spread / Highest target 17,5%
Spread / Average Target -7,57%
Spread / Lowest Target -31,8%
EPS Revisions
Managers
NameTitle
Björn Klas Otto Rosengren Chief Executive Officer
Peter R. Voser Chairman
Timo J. Ihamuotila Chief Financial Officer
Jacob Wallenberg Vice Chairman
Matti Juhani Alahuhta Independent Non-Executive Director
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