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

Delayed Quote. Delayed  - 09/28 01:47:29 pm
193.6 SEK   +0.26%
12:10p ABB : to strengthen power infrastructure on Canary Islands while pre..
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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; zurichdjnews@dowjones.com

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Financials ($)
Sales 2016 34 356 M
EBIT 2016 3 621 M
Net income 2016 2 040 M
Debt 2016 2 325 M
Yield 2016 3,39%
P/E ratio 2016 23,33
P/E ratio 2017 19,31
EV / Sales 2016 1,52x
EV / Sales 2017 1,46x
Capitalization 49 768 M
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Mean consensus HOLD
Number of Analysts 30
Average target price 21,2 $
Spread / Average Target -5,5%
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Managers
NameTitle
Ulrich Spiesshofer President & Chief Executive Officer
Peter R. Voser Chairman
Eric A. Elzvik Chief Financial Officer
Andy Tidd Head-Information Systems
Bazmi Rizwan Husain Chief Technology Officer
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