Friday, April 17, 2015

ABB may be about to split up – Swedish newspaper Svenska Dagbladet

ABB can be about to be cut up into several companies. It considers Nordea, indicating that ABB either succeed in their major program to improve profitability or divided in two to three years.

write Dagens Industri in Friday’s edition.

– The company soon have both a new Chairman and new CEO sends a clear signal that the company must do things in a different way forward. No one can really be satisfied with the returns that have been delivered the last seven years, said Nordea Mathias Leijon.

According to Dagens Industri, the next big event very well be that ABB is cut, and according to Nordea are several arguments to shareholders benefit if the large conglomerate shared in a company for power operations and one for automation.

Nordea believes that ABB has the potential to double within three to five years, driven by a significant margin increases , multiple expansion and continued distribution of capital, which comes from either succeed in its current strategic ambition or so, a division of the company, according to Dagens Industri.

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