(Reuters) - ZURICH, April 26 - First-quarter net profit at Swiss engineering group ABB more than doubled to $537 million, beating expectations and boosting its shares, as its energy clients scramble to meet soaring demand.
Orders rose more than expected to $8.64 billion, the group said on Thursday, as the need for power increases in emerging markets, while industrialised countries have started long-overdue investments in cleaner energy.
Read more at Reuters.com Mergers News
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