Nordic Business Report-April 27, 2006-ABB posts Q1 operating result of USD509m
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The Swiss-Swedish power and automation group ABB issued its first quarter report on Thursday (27 April), posting an operating result (EBIT) of USD509m, as compared to USD391m in the first quarter of 2005.
Revenues amounted to USD5,420m, as compared to USD5,060m in the first quarter last year.
One US dollar (USD) is worth approximately 0.56 British pounds (GBP).
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