ABB Ltd, a major player in the industrial capital goods sector, has been given a neutral rating by UBS.

The company's sales are mainly driven by its electrical transmission and distribution products and systems, which make up 67.2% of total sales. This segment includes transformers, medium-voltage circuit breakers, and high-voltage capacitors, as well as turnkey installation services for transmission systems.

Additionally, ABB Ltd generates 30.6% of its revenue from automation systems, which include electrical protection systems and production process control systems tailored for various industries such as oil and gas, chemicals, and mining. The remaining 2.2% of sales come from other product offerings.

Geographically, the company's sales are spread across Europe (35.9%), the United States (25.6%), China (13.9%), Asia-Middle East-Africa (15.8%), and the Americas (8.8%).