Business OutlookThe announcement of a pause in the US listing process and an unexciting outlook for Power Grid and Electrification have not been appreciated by the market.
Market ReactionThe share price has negatively overreacted to an overall in-line release, offering an entry point ahead of the 26 March CMD.
Revenue GrowthOn Electrification, the slowdown in some cyclical markets, plus the uncertainty around the tariffs, could temporarily have a negative impact on revenue growth.