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COMPANY BENCHMARKING • UNITED STATES

ABB Optical Group - Company Profile

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ABB Optical Group - Overview

Brands
ABB Business Solutions, ABB Contact Lens, ABB Labs
Description
ABB Optical is a private company with an estimated 714 employees. In the US, the company has a notable market share in at least one industry: Glasses & Contacts Wholesaling, where they account for an estimated 12.2% of total industry revenue and are considered a Rising Star because they display lower market share, but displaying stronger profit and revenue growth than some of their peers.
Company Details

Registered Name: ABB Optical Group

Company Type: Other

Employees: 714

ABB Optical Group - Operating Industries and Main Competitors

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ABB Optical Group - Products and Services

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ABB Optical Group - Analyst Insights

Acquired analytical software receives new update.

ABB Optical Group (ABB) acquired Glimpse Live, an analytical software to help practice owners measure and track performance. ABB rebranded the software as ABB Analyze, overhauling it in the process. The software is able to integrate with electronic health records and practice management systems, providing users with sales analytics, performance measures and the ability to compare results with more than 1,000 eyecare businesses.

Balance Sheet|New Activity|M&A


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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ABB Optical Group - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on ABB Optical Group's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Glasses & Contacts Wholesaling in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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