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20 September 2020 The on-line newspaper devoted to the world of transports 15:25 GMT+2

July 25, 2019

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Original news
ABB has closed the second trimester with a profit clearly of 88 million dollars (- 88%)

Revenues and orders have grown respective of +7% and +4%

In according to trimester of this year revenues of Helvetic group ABB, that it is active mainly in the fields of the industrial automation and the nets electrical workers, they are piled to 7,17 billion dollars, with an increment of +7% regarding 6,73 billion in the first six months of the 2018 (value this last one that does not include the results generated from the division Power Grids that will be yielded the Japanese Hitachi Corporation and that which destined activity to the dismissione is recorded). The operating profit has shown a bending of the -83% coming down to 123 million dollars and the profit clearly is dropped of the -88% to 88 million dollars.

In the period April-june of the 2019 new orders confiscated from the Swiss group they have totaled a value of 7,40 billion dollars, with an increment of +4% regarding 7,13 billion in the correspondent period (value last year rectified taking into consideration the cession of Power Grids). ABB has specified that the coming orders from Europe have remained stable (with a decrease of the -3% based on their value in dollars), with an elevated level of orders in France, Holland and Spain, an increase in Germany and vice versa low levels of orders from Italy, United Kingdom, Finland and Sweden. The orders from the Americas are increased of +7% (+30% in dollars), with levels particularly elevated in South America, mainly in Brazil and Chile, while the orders from the USA have grown of +1% (+29% in dollars). The orders in Asia, Middle East and Africa are dropped of -3% (- 6% in dollars). Al 30 last June the value of the pocketbook orders of the group was pairs to 14,02 billion dollars (- 3%).

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