ABB has joined the parade of companies with good results quarter on quarter. This quarterly result not quite so good as the record quarters for the past two years, but, hey, what's a million dollars, anyway?
No wonder they felt they could easily afford Thomas and Betts and some of their other recent acquisitions.
Money cannot buy happiness, but it sure makes it easier.
Here's the text of ABB's press release:
ABB reports solid fourth quarter performance, 2011 net income up 24%