|
|
 |
|
Viewing report
|
|
|
|
ABB Asea Brown Boveri Ltd. Dec 00
Standard & Poors, Dec 2000
Abstract
The ratings on ABB Asea Brown Boveri Ltd., based in Zurich, Switzerland, reflect the leading market position of the group's business operations, its diversified portfolio, its record of maintaining profitability despite significant price pressure, and its conservative financial profile. ABB is a leading global player in all of its business segments: power transmission and distribution systems; automation; oil, gas, and petrochemicals equipment; and building technologies. In September 1998, the group announced a new corporate structure, which led to the consequent transformation of its business portfolio. This aimed at creating increased value, by shifting to higher value-added, more knowledge-based activities away from very asset intensive businesses. During the past two years, significant portfolio movements have been: The acquisition of Elsag Bailey...
Companies mentioned in this report are: ABB Asea Brown Boveri Ltd.,ABB Capital B.V.,ABB Treasury Center (USA) Inc.,ABB Finance Inc.,Scandinavian Reinsurance Co. Ltd.,ABB International Finance Ltd.,Sirius International Insurance Corp.,Sirius America Insurance Co. (OLD),ABB Holdings Inc.,ABB Financial Services AB,ABB Ltd.
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
|
|
|
|
