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ABB : introduces first comprehensive gas leak detection solution for utilities to help safeguard city populations

10/29/2020 | 07:35am EST
ABB introduces first comprehensive gas leak detection solution for utilities to help safeguard city populations Trade press release | Quebec, Canada | 2020-10-29

Leaking natural gas pipelines in urban environments can result in explosions and fires. The new ABB MicroGuard™ solution will work alongside ABB's MobileGuard™ to pinpoint dangerous gas leaks. Faster and easier detection with this patented laser-based technology will help reduce fatalities, environmental damage and material loss.

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ABB Ltd. published this content on 29 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2020 12:34:04 UTC


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Sales 2020 25 781 M - -
Net income 2020 5 508 M - -
Net Debt 2020 1 827 M - -
P/E ratio 2020 10,1x
Yield 2020 3,13%
Capitalization 54 944 M 54 892 M -
EV / Sales 2020 2,20x
EV / Sales 2021 2,15x
Nbr of Employees 110 000
Free-Float 86,2%
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Average target price 26,47 $
Last Close Price 26,69 $
Spread / Highest target 15,7%
Spread / Average Target -0,82%
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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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