Edition:
India

ABB Expects Automotive Slowdown To Continue This Year


Thursday, 25 Jul 2019 

July 25 (Reuters) - Abb Ltd ::ABB CEO SAYS SEPARATION OF POWER GRIDS BUSINESS ON TRACK, DEMERGER IN INDIA AND CHINA OF BUSINESS GOING WELL.ABB CEO SAYS EXPECTS AUTOMOTIVE SLOWDOWN TO CONTINUE THIS YEAR.ABB CFO SAYS WOULD EXPECT TO HAVE A BOOK GAIN FROM POWER GRID DIVESTITURE.ABB CEO SAYS SEARCH FOR NEW CEO GOING A PLANNED, GOING BETTER THAN PLANNED, FOCUSSED FIRST ON EXTERNAL CANDIDATES. 

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