Independent journal on economy and transport policy
07:20 GMT+1
This page has been automatically translated by Original news
In third trimester ABB it has recorded a rise of 4% of the revenues and a decrease of 4% of the result clearly
the new orders have been pairs to 9,3 billion dollars (- 5%)
October 25, 2012
The managing director of ABB, Joe Hogan, is satisfied of the performances recorded from the Helvetic group in the third trimester of this year: "we are encouraged - it has explained - by the fact that we have been able to develop the business and to absolutely support the profits within our area of objective in spite of a difficult macroeconomic context. We have continued - it has specified - to bring a cost reduction and to increase the activity of the services, that they constitute two of our main strategic initiatives. Moreover it is giving yields the geographic re-balance of our activities of automation towards the America North, for example with the acquisition of the Thomas & Betts. This - it has concluded - gives reason to us of cautious optimism. The visibility in the market in the short term is limited and the volatility is elevated. In this context our objective one in the short term will continue to being focused on the competitiveness of the costs and on it I use of ours consisting pocketbook and geographic balance to the aim to take advantage of profitable opportunities of increase".
Group ABB clearly has archived item the third trimester of this year with a profit of 759 million dollars, down of 4% on the correspondent period of 2011. The revenues are increased of 4% attesting itself to 9.745 million dollars and operational the EBITDA is piled to 1.483 million dollars (- 6%). In the first nine months of the 2012 Swiss group it has totaled revenues for 28.315 million dollars, with an increase of 3% on the period January-september last year, operational an EBITDA of 4.182 million dollars (- 6%) and a profit clearly of 2.100 million dollars (- 10%).
In the third trimester of the 2012 ABB it has confiscated new total orders for 9.295 million dollars, with a bending of 5% regarding 9.826 million dollars in the quarter July-september last year. In the first nine months of the 2012 new orders they are piled to 29.715 million dollars, down of 1% on the same period of 2012, and the consistency of the orderbook on September 30, 2012 has reached 29.175 million dollars, in increase of 2% regarding on September 30, 2011.
Single branch Italian ABB Italy has closed the first nine months of 2012 with new orders pairs to 1.712 million euros, with a bending of 5% regarding the same period of the year precedence (1.803 million euros). The revenues have recorded a contraction of 14% having attested itself to 1.682 million euros. The society has specified that the continuous profit to maintain itself on good levels in constant way and that the percentage of export on the revenues is attested to 62%. "We still suffer - it has found Barbara Frei, country manager and managing director of ABB Italy - of lasting of a contraction in tidy and the revenues the due at the conjunctural moment, but our profit maintains to the same bonds levels of the same period of the year precedence to confirmation of the good job and the engagement that our Italian organization assures in order to maintain operating His Excellency".
"In spite of the scene in which we operate - it has continued Barbara Frei - in this moment there are strongly engaging on topics of the great present time that in perspective can widen and strengthen our businesses and confirm our position of players characterized on the market. I refer in particular to the development of new projects legacies to the future of our cities as it testifies the report "Smart Cities in Italy: an opportunity in the spirit of the Renaissance for a new quality of the life" that we have introduced inside of 38° the Workshop The European House-Ambrosetti 2012 last September and from which emerges a vision of smart City as able city model to guarantee a high quality of the life and a personal and social increase of the people and the enterprises, optimizing resources and you space for the sustainability. With reference to this context - he has concluded - it always pleases me to evidence the organization, near ours headquarter of Sesto San Giovanni, of the first edition of the Mobility Forum Milan Management Metropolis (Forum 4M) between the Mobility Manager of the Milanese area, finalized to exchange experiences and ideas for sustainable mobility".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The managing director of ABB, Joe Hogan, is satisfied of the performances recorded from the Helvetic group in the third trimester of this year: "we are encouraged - it has explained - by the fact that we have been able to develop the business and to absolutely support the profits within our area of objective in spite of a difficult macroeconomic context. We have continued - it has specified - to bring a cost reduction and to increase the activity of the services, that they constitute two of our main strategic initiatives. Moreover it is giving yields the geographic re-balance of our activities of automation towards the America North, for example with the acquisition of the Thomas & Betts. This - it has concluded - gives reason to us of cautious optimism. The visibility in the market in the short term is limited and the volatility is elevated. In this context our objective one in the short term will continue to being focused on the competitiveness of the costs and on it I use of ours consisting pocketbook and geographic balance to the aim to take advantage of profitable opportunities of increase".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
