In the first trimester of the 2013 revenues of ABB they have grown of 9%, while the result clearly is dropped of 3%



In the first trimester of this year Helvetic group ABB has recorded revenues for beyond 9,7 billion dollars, with an increment of 9.1% regarding 8,9 billion dollars in the first three months of 2012. The costs have grown of 10.4% to 6,9 billion dollars; the EBIT has attested to 1,0 billion dollars (+0.4%) and operational the EBITDA to 1,5 billion dollars (+18.7%). The Swiss group has closed the first trimester of 2013 with a profit clearly of 664 million dollars (- 3.1%).

In the first three months of the 2013 group it has obtained new orders for a total value of 10,5 billion dollars (+1.2%) and the value of orderbook on 31 March the era of 29,6 billion dollars regarding 29,9 billion dollars on March 31, 2012.

"In consideration of lasting of the uncertainty of the world-wide economy - the managing director of ABB, Joe Hogan has commented - this is a beginning of 2013 satisfactory one. We have continued to operate well, balancing with success a rigorous discipline of the costs with the objectives of increase in activity and regions where we have competitive advantages, in particular in segments as the industrial efficiency, the reliability of the energetic systems and renewable energies". Hogan has specified that, on the front of the control of the costs, the improvement in the field of the supplies and the productivity has allowed savings for about 260 million dollars.

"We have obtained these results - it has continued Hogan - although the head wind of the question. In the quarter the increase in the USA has quickly an ulterior slow down and the uncertainty has continued to characterize the industrial investments in great part of Europe. Cash flow has been inferior regarding how much we would wish, but this absolutely was previewed and reflects mainly the tempistica of the execution of the projects. Therefore we expect to assist to a recovery in the next trimesters. For the remainder of the year - it has concluded Hogan - we will continue to concentrate on the balance cost-increase. The economic indicators continue to being little clear, that he is profitable difficult to preview as the companies will behave that operate in the first phases of the productive cycle. However ours consisting pocketbook orders will contribute to mitigate some of these uncertainties and is trusting that our better balance between the activities and the regions will continue to offer opportunity to us of profitable increase".

Regarding Italy, ABB has archived item the first trimester of 2013 with orders and revenues pairs respective to 504 and 509 million euros, in bending regarding the same period of last year, while the profit has remained stable. The branch Italian of the group has announced that the percentage of export has grown on the revenues that have been arranged to 64%, oriented above all to Europe (where an increase to two figures regarding 2012) and to Africa and Middle East is recorded. "The beginning of the 2013 - it has explained Barbara Frei, president and managing director of ABB Spa - confirmation substantially the course that we have recorded in the course of the precedence year. The increase of the percentage on the revenues of export and the increase of same on the European market the confirmation our ability to serve with success the international markets. We continue to head at the operating excellence of our factories and at the innovation that the Italian organization is able to generate. Of the most recent launch of the series Emax 2 is an example, entirely developed in Italy from the research center and Development of Bergamo, the first switch to the lowland world tension that includes functions of management of the energy and communication with the nets intelligent electrical workers (smart grid). An innovation that could carry to substantial reductions of the energetic consumption". "With an investment pairs to annual 2% of our turnover in activity of R&D and an average annual of 27 patents deposited in our Country in last the five years - it has concluded Barbara Frei - the vocation to the innovation of ABB in Italy is translate therefore in a concrete engagement".