Swiss-based player ABB has seen a boost in its profits for the year, amid a particularly strong fourth quarter, but the power technology giant is getting ready for a “transitional year” ahead with continued uncertainty.
ABB reported on Wednesday a drop in revenues for last year to $33.8bn from $35.5bn in the previous year.
The company’s net income, however, increased in the 12-months period to $2bn compared to $1.9bn
