ABB doubles full-year sales outlook as recovery gathers pace By Reuters – Investing.com

ABB doubles full-year sales outlook as recovery gathers pace By Reuters – Investing.com

By John Revill

ZURICH (Reuters) - ABB doubled its full-year sales outlook on Thursday, in the latest sign of a global manufacturing revival, with the engineering company also pointing to an improvement in oil and gas sectors in the second half.

The maker of factory drives and robots said it now expected full-year comparable revenues to rise by just below 10%, above its previous view for a 5% increase.