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18 February 2019 The on-line newspaper devoted to the world of transports 11:01 GMT+1

February 8, 2018

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Original news
In the fourth trimester of the 2017 new acquired orders from group ABB they have grown of +2%

Spiesshofer: 2017 have been a year of transition in the course of which we have moved our centre of gravity

In the fourth trimester of the 2017 new acquired orders from Helvetic group ABB, than work in the field of the industrial automation and the nets electrical workers, the produced ones for the electrification and the robotics in the fields of the industry, the transports and infrastructures, they have recorded an increment of +2% going up almost 8,5 billion dollars regarding less than 8,3 billion dollars in the period October-December 2016. Al 31 last December the pocketbook orders of the group turned out to have a consistency pairs to 22,4 billion dollars, inferior of the -2% regarding on December 31, 2016.

ABB last year has archived item the last trimester with revenues pairs to 9,3 billion dollars, with an increase of +3% on the correspondent period of 2016. The operating profit is piled to 612 million dollars (- 10%) and the profit clearly to 423 million dollars (- 11%).

In the entire exercise anniversary the 2017 Swiss group has confiscated new orders for a total value of 33,4 billion dollars, analogous figure to that of the year precedence. The exercise is closed with revenues pairs to 34,3 billion dollars (+1% on 2016), an operating profit of 3,4 billion dollars (+15%) and a profit clearly almost 2,4 billion dollars (+16%).

"In 2017, that it has been a transition year - has commented the managing director of the group, Ulrich Spiesshofer - we have returned ABB and more fort thinner. Now our pocketbook for the customers of the utilities, the industry and the transports, that it is centralized on the digital, is based on two precise commercial proposals: to carry the electricity from any electric power plant to any taken and to automate the industries leaving from the natural resources to go to the finished product ones. The results anniversaries - Spiesshofer has explained - include the effect braking determined from ours important transformation. With our actions times to move our centre of gravity aimed, have improved the ABB competitiveness centralizing to us on the segments more elevated increase and diminishing the risks. We have recorded four trimesters of increase of the base of orders. The overhong that we have given ourselves in 2017 - has emphasized the ABB managing director - it addresses us towards an increase of the profits since the total markets are improving. The today's proposal to increase the dividend for the ninth consecutive year demonstrates our confidence in the future".

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