ABB clearly closes the first semester with an increase of 1% of the new orders and a decrease of 13% of the result



Helvetic group ABB has closed the first semester of this year with a profit clearly attributable to the shareholders of 1.34 billion dollars, down of 13.4% regarding 1,55 billion dollars in the first half of 2011. The revenues have grown of 2.7% to 18,57 billion dollars. The EBIT has been attested to 2,05 billion dollars (- 12.8%) and the EBITDA operating to 2,70 billion dollars (- 5.8%).

In according to trimester of the 2012 Swiss group it has recorded a contraction of the performances archiviando the period with a profit clearly for the shareholders of 656 million dollars on revenues for 9,66 billion dollars, down respective of 26.5% and 0.2% on the period April-june last year. The EBIT is piled to 1,00 billion dollars (- 25.1%) and the EBITDA operating to 1,47 billion dollars (- 4.9%).

In the first six months of the 2012 ABB it has confiscated new total orders for 20,42 billion dollars, with a progression of 1.0% on the first semester last year. In the second solo trimester of the 2012 new orders they have totaled a value of 10,05 billion dollars, in increase of 1.9% on the same period of 2011. The value of orderbook of the company on 30 June the era of 29,07 billion dollars regarding 29,98 billion dollars on June 30, 2011.

Also evidencing the difficulty to formulate increase forecasts in the short term because of the complex and difficult total economic scene, ABB have emphasized that the forecasts in the long term for the main markets in which work the company continues to being favorable. ABB considers that, at less than an ulterior deterioration of the macroeconomic situation, the group in last part of 2012 will achieve an increase and of the results online with own objectives for period 2011-2015.

Single branch Italian ABB Italy has archived item first semester 2012 with orders pairs to a value 1.259 million euros, with a bending of 4% regarding the first half of the year precedence. The revenues are diminished of 13% attesting itself to 1.153 million euros. The society has announced that the profit is maintained constantly on good levels and that the percentage of export on the revenues is attested to 61%. "Also recording a contraction of orders and revenues for effect of the general slow down of the economy - it has explained Barbara Frei, country manager and managing director of ABB Italy - our profit maintains to the same levels of the same period of the year precedence, sign that our continuous Italian organization to work with success on operating His Excellency".

"We are pursuing - it has continued Barbara Frei - the increase opportunities that we have characterized in the section of the manifacturing industry and oil and the gas. In these fields we continue to support technologically our customers who operate on the domestic market and that international one, is with our produced ones that with our systems. The who signed store clerks more recently regard important projects in Australia, Abu, Algeria, Libya and Oman. Also in this conjunctural moment we continue to maintain to our focalization on the innovation and the development of new projects legacies to the future of our cities high. I speak about energy efficiency, renewable energies and sustainable mobility, topics that we consider strategic to total level and real engines for the increase. They testify the three projects of development that we have recently introduced to the Senate of the Republic in the within of IV the Relationship on the realized energetic innovation from the Institute for the Competitiveness".