Thursday, November 30, 2023

ABB Announces Upgraded Target For Long-term Comparable Revenue Growth - Quick Facts

ABB said the company is lifting comparable revenue growth target for long-term to 5-7 percent from 3-5 percent previously. The target for acquired growth remains unchanged at 1-2 percent. The company also increased target for annual operational EBITA margin to 16-19 percent. Also, the company sharpened its objective for basic EPS growth through the economic cycle to at least high single-digit, from basic EPS growth above revenue growth previously.

from RTT - Earnings https://ift.tt/KwVb5Di
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