General presentation of ABB
Check out a complete presentation of the ABB Company which will allow you to deepen your basic knowledge about this stock as well as better understand the evolution prospects of this share on the stock market.
The ABB group is a Swiss company specializing in the industrial capital goods sector. More precisely, it's one of the leaders of this sector worldwide carrying out the design, the manufacture and the sale of this equipment.
To better understand ABB's activities, it is possible to divide them into several divisions according to the percentage of turnover they generate like this:
- Automation systems with electrical protection systems for measuring and controlling fluids, production process control systems for oil and gas, chemical, pharmaceutical, marine, and mining industries paper mills represent nearly 55.9% of the group's turnover, in addition to robots and modular systems.
- Power transmission and distribution products and systems account for the remaining 44.1% of this company's revenue with transformers, medium voltage power distribution products such as circuit breakers, switches, fuses, sensors and products for high voltage electrical distribution such as capacitors and switches as well as automatic systems for power stations. ABB also offers turnkey installation services for transmission systems.
From a geographical distribution point of view of the ABB group's activities, note that it achieves 36.1% of its turnover in Europe, 32% in the Americas and 31.9% in Asia Middle East Africa.