ABB reported Q2 figures in line with expectations, though we continue to be disappointed by the performance delivered amongst the divisions, especially since ABB is involved in its strategic plan of discontinuing its legacy matrix structure and reshaping its four leading business along customers’ patterns. The transition, as we pointed out previously, will take time for the results to become visible. So, for now, we are just seeing the bad part of the transformation, namely charges and
25 Jul 2019
Sluggish recovery ahead
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Sluggish recovery ahead
- Published:
25 Jul 2019 -
Author:
Luis Pereira -
Pages:
3
ABB reported Q2 figures in line with expectations, though we continue to be disappointed by the performance delivered amongst the divisions, especially since ABB is involved in its strategic plan of discontinuing its legacy matrix structure and reshaping its four leading business along customers’ patterns. The transition, as we pointed out previously, will take time for the results to become visible. So, for now, we are just seeing the bad part of the transformation, namely charges and