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4-Traders Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  ABB Ltd    ABB   CH0012221716

ABB LTD (ABB)
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Delayed Quote. Delayed  - 04/20 05:29:40 pm
205.4 SEK   +0.44%
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ABB Completes Acquisition of Tropos Networks

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06/15/2012 | 04:03pm CEST

Electrical engineering company ABB Ltd (ABBN.VX) Friday said it had completed the acquisition of Tropos Networks Inc, a Silicon Valley-based company that develops and markets wireless technologies and products for distribution area communication networks.

MAIN FACTS:

- The acquisition expands ABB's communications systems offering for customers in the power, transportation, mining and public infrastructure sectors, ABB said.

- It also reinforces ABB's increased focus on the North American market and complements its global presence in utility and industrial communications.

- ABB's comprehensive suite of communication solutions provides a strong foundation for mission-critical networks and is a key enabler for smarter grids.

-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
ABB LTD 0.34% 23.68 Delayed Quote.-9.65%
ABB LTD 0.44% 205.4 Delayed Quote.-11.12%
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Financials ($)
Sales 2018 37 396 M
EBIT 2018 4 350 M
Net income 2018 2 746 M
Debt 2018 3 629 M
Yield 2018 3,38%
P/E ratio 2018 19,14
P/E ratio 2019 16,81
EV / Sales 2018 1,45x
EV / Sales 2019 1,33x
Capitalization 50 657 M
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 26,5 $
Spread / Average Target 9,2%
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
1st jan.Capitalization (M$)
ABB LTD-11.12%50 657
ABB LTD-9.65%50 657
SHANGHAI ELECTRIC GROUP COMPANY LIMITED-14.05%11 790
ALSTOM8.89%10 267
ABB INDIA LTD-10.98%4 012
CHINA XD ELECTRIC CO., LTD.-10.53%3 205