Independent journal on economy and transport policy
11:33 GMT+1
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group ABB records an increase of the orders and a contraction of the economic results
Rise of the performances in the Italian market
July 23, 2014
In according to trimester of 2014 Helvetic group ABB, that it develops to technologies for the energy and the automation, it has recorded a bending of the economic results. The period has been archived item with a profit clearly of 668 million dollars on revenues for 10,2 billion dollars, with decreases respective of the -15,0% and the -0,3% on according to trimester last year. The operating costs have grown of +1.5% going up to 7,3 billion dollars. The operating profit has been attested to beyond 1,0 billion dollars (- 11.4%) and operational the EBITDA to 1,3 billion dollars (- 14.7%).
In the period April-june of this year the group has obtained new orders for a total of 10,6 billion dollars (+13.5%) and the value of the orderbook on 30 June has turned out pairs to 27,1 billion dollars, with a contraction of the -4,3% regarding on June 30, 2013.
In the first semester of this year ABB it has totaled a profit clearly of beyond 1,2 billion dollars on revenues for 19,7 billion dollars, with decreases respective of the -16,8% and the -1,4% on the first half of 2013. The operating costs are piled to 14,0 billion dollars (- 0.1%). EBIT and operational EBITDA have been pairs to 1,9 billion dollars (- 14.9%) and 2,6 billion dollars (- 13.8%).
In the first semester of the 2014 value of the new orders confiscated from the group it has been pairs to 20,9 billion dollars, in increase of +5.7% regarding 19,8 billion dollars in the first half last year.
The managing director of ABB, Ulrich Spiesshofer, has evidenced the important increment of the new orders obtained from the group in the first part of this year: "last October - it has remembered - we had said that we would have persecuted an organic increase through the penetration, the innovation and the expansion and now we are collecting the results. Our aimed actions are giving yield and total support to the phase of increase of the orders. In the second half of the year - it has specified Spiesshofer - we have assisted to an encouraging increase in ours two greater markets, the United States and China". "For the second half of the year - it has added - we will continue to insist on our initiatives of organic increase in a which variegated scene of market".
Regarding the Italian market, where the Swiss group is present with branch ABB Spa, the first semester is closed with a rise of the new orders and the revenues, that they have been pairs respective to 1.134 million euros (+14%) and 1.165 million euros (+13%). The increments are effect of the recent acquisition of Power-One, company leader in the field of the inverter fotovoltaici. If confronted with the year precedence - it has specified ABB Spa - the result records a stability course altogether. In particular, the Italian division has still found an increase of the percentage of export on the revenues, than it has been arranged to 67%, oriented above all towards the markets of Europe and Africa and Middle East. The service activities, that they represent 14% of the ordered one, have recorded an increment of 3.6% regarding the first semester of 2013 for effect of the greater focalization of the market on the optimization of own productive assets.
"We continue 2014 on an international scale - the managing director of ABB Spa has commented, Matteo Marini - garrisoning with great focalization all our markets and heading for the progressive strengthening of our presence. To new evidence of this it goes cited the award of an order from the utility Egyptian EDEPCO for the supply of a system of distributed control and a solution of optimization of system for the new heating plant of Suez. Meantime we continue to invest in our Country. In May we have acquired the company branch industrial instrumentation of the Italian 90 Termans ‘Srl, company that plans and produces devices of thermal survey for distribution and power transformers and represents a brand recognized from the constructors of transformers of all the world. The acquisition of this small truth but to high technological content confirmation the attention of ABB to the Italian technological excellence and the interest to invest, to innovate and to create value in our Country".
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