Massive improvement for ABB Sweden
The Local · 11 Aug 2005, 17:48
Published: 11 Aug 2005 17:48 GMT+02:00
The details of electrical engineering giant ABB's 2004 figures were made public on Thursday, and the Swedish arm of the company was a major contributor to an overall 246 million kronor profit for the company.
ABB Sweden alone made profit of 1 billion kronor last year, according to news agency TT.
That compares to a loss of 6.7 billion kronor the year before, a result which was dragged down by the costs of selling the insurance group Sirius and Financial Services.
Sources: Dagens Nyheter
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