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ABB issues correction on CEO comments misreported by Bloomberg

ABB CEO Ulrich Spiesshofer was misquoted by Bloomberg News as saying “Margins Will Not Fully Recover This Year.” The word “margins” is incorrect. Dr. Spiesshofer used the word “markets” saying that ABB does not foresee global markets recovering fully this year.

ABB CEO Ulrich Spiesshofer was misquoted by Bloomberg News as saying “Margins Will Not Fully Recover This Year.” The word “margins” is incorrect. Dr. Spiesshofer used the word “markets” saying that ABB does not foresee global markets recovering fully this year.

https://www.automotiveworld.com/news-releases/abb-issues-correction-ceo-comments-misreported-bloomberg/

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