ABB Raises Annual Revenue Outlook as Quarterly Orders Surge
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000ABB Ltd. raised its revenue expectations for the year after a jump in orders related to data centers during the first quarter, driving demand for the company’s power-grid products.The Swiss manufacturer sees high single-digit to low double-digit growth in comparable revenues, up from a previous guidance range of 6% to 9% year-on-year, according to a statementBloomberg Terminal Wednesday.