Independent journal on economy and transport policy
06:53 GMT+1
This page has been automatically translated by Original news
ABB closes the first trimester with a bending of the economic results and the orders
Impact negative of the crisis of the oil section on the performances of the group in Italy
April 20, 2016
In the first trimester of this year the revenues of ABB, Helvetic group that develops to technologies for the energy and the automation, are diminished of the -7,6% attesting itself to 7,9 billion dollars regarding 8,6 billion dollars in the first three months of 2015. The operating result has been pairs to 784 million dollars (- 8.7%) and the profit for the shareholders have been attested to 500 million dollars (- 11.3%). ABB has specified that, to constant exchange rates, the revenues have recorded a decrement of the -2% and operational the EBITA an increase of +2% rather than a bending of -1%.
In the first three months of the 2016 new acquired orders from the Swiss group has been pairs to beyond 9,2 billion dollars, in decrease of -11,1% on the correspondent period last year (- 7% to constant exchange rates). The value of the pocketbook 31 orders to past March has turned out pairs almost 26,0 billion dollars, advanced of +1.9% regarding 31 March 2015.
Regarding Italy, ABB has closed first trimester 2016 with orders pairs to 565 million euros (637 million euros in the first trimester a 2015) and turnover of 556 million euros (604 million). The branch Italian of the group has specified that the percentage of the export on the revenues has been attested to 67%, online with the value last year. "Dragging on of the crisis of the oil section - the managing director of ABB Spa has commented, Mario Corsi - it is impattando negatively on wide part of our businesses and in particular on our activities in the field of the Oil & fallen back Gas with on the great typical orders of this field. The attention remains high towards the markets of the automation and of the energy it is in the manifacturing fields that in infrastructures and the engagement in the field of the innovation also to light of the progressive development of technologies and producing ABB based on the IoTSP (Internet of Things, Services and People)".
group ABB previews that, if in the short term permane an uncertainty on the development of the question because of a scene differentiated characterized from some positive macroeconomic signs in the USA, from a wait prosecuzione of the economic increase in China and from the impact on the market of the modest increase in Europe and from the geopolitical tensions in various world-wide areas, over the long term the development of the question in the three main fields in which the customers of the Helvetic group operate, that is the utilities, the industry and the section of infrastructures and the transports, will continue to positive being.
- 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