Sign in

    Ben Uglow

    former Managing Director and Senior Equity Analyst at Morgan Stanley

    Ben Uglow is a former Managing Director and Senior Equity Analyst at Morgan Stanley & Co. International Plc, renowned for his coverage of the European capital goods and industrials sector, with a particular focus on companies such as ABB. With over three decades of experience, having started his career at Salomon Brothers in 1989 and serving at Morgan Stanley from 2002 to 2007, he has earned a reputation as one of Europe's top industrials analysts by consistently delivering market-moving insights and robust, macro-informed company analysis. Uglow has received high praise from hedge fund managers and institutional investors for his analytical rigor and track record of actionable investment calls, though specific quantitative performance metrics remain private. He holds industry-recognized credentials and is currently an Analyst at Oxcap Analytics Ltd.

    Ben Uglow's questions to ABBN.SW leadership

    Ben Uglow's questions to ABBN.SW leadership • Q1 2025

    Question

    Ben Uglow asked for clarification on the future structure of the Machine Automation business, specifically if it will become a separate division within Process Automation.

    Answer

    CEO Morten Wierod confirmed that Machine Automation will become a separate division within Process Automation. He noted its performance is on a clear path to improvement and it will collaborate on projects across ABB where its PLC and automation solutions are relevant, leveraging synergies with its new home in Process Automation.

    Ask Fintool Equity Research AI

    Ben Uglow's questions to ABB (ABLZF) leadership

    Ben Uglow's questions to ABB (ABLZF) leadership • Q4 2024

    Question

    Ben Uglow of Morgan Stanley requested a qualitative update on the business environment in China, asking if there were any 'green shoots' from stimulus measures impacting the Electrification, Process, and Motion segments.

    Answer

    Executive Morten Wierod described the situation as 'premature' for seeing stimulus effects, though he is optimistic about the renovation market post-Chinese New Year. He highlighted that growth is strong in utilities and data centers but weak in new construction. He characterized the overall China market as a mix of 'frozen ice and boiling water,' with performance varying widely by segment.

    Ask Fintool Equity Research AI

    Ben Uglow's questions to ABB (ABLZF) leadership • Q4 2024

    Question

    Ben Uglow of Morgan Stanley requested a qualitative update on the market in China, asking if there were any 'green shoots' from stimulus measures and what the trends were in the Electrification, Process, and Motion businesses.

    Answer

    Executive Morten Wierod described the situation as 'premature' for seeing green shoots, though he is optimistic for activity post-Chinese New Year, particularly in building renovation. He characterized China as a mixed market of 'frozen ice and boiling water,' with strong growth in utilities and data centers offsetting weakness elsewhere. He does not expect a new building boom in 2025.

    Ask Fintool Equity Research AI

    Ben Uglow's questions to ABB (ABLZF) leadership • Q4 2024

    Question

    Ben Uglow of Societe Generale requested a qualitative update on the China market, asking if there were any 'green shoots' from stimulus efforts and how different business segments were performing.

    Answer

    CEO Morten Wierod described the situation as premature for seeing green shoots but expressed optimism for post-Chinese New Year activity, particularly in building renovation. He noted strong growth in utilities and data centers, but weakness in new construction. He characterized the overall market as a mix of extremes, with segments performing anywhere from +20% to -20%.

    Ask Fintool Equity Research AI