Independent journal on economy and transport policy
12:21 GMT+1
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In light decrease the economic results of the third trimester of ABB
More emphasized the bending of the new orders, that they have been pairs to 7,5 billion dollars (- 14%)
October 27, 2016
In the third trimester of this year the revenues of Helvetic group ABB are diminished of the -3% attesting to 8,2 billion dollars regarding 8,5 billion in the period July-september of 2015. The operating profit has remained almost unchanged being piled to 878 million dollars and the profit clearly has recorded a bending of the -3% being is pairs to 589 million dollars.
In the third trimester of the 2016 value of the new orders confiscated from the Swiss group, that it realizes technologies and producing for the energy and the automation, it is come down of the -14% to 7,5 billion dollars regarding 8,8 billion dollars in the correspondent period last year. Al 30 last September the value of the pocketbook orders era of 24,5 billion dollars, inferior of the -3% regarding 25,4 billion dollars on September 30, 2015.
In the first nine months of this year group ABB has totaled revenues pairs to 24,8 billion dollars, down of the -5% on the same period of 2015. The operating profit has been pairs to 2,3 billion dollars (- 14%) and the profit clearly almost 1,6 billion dollars (- 14%). In the first nine months of the 2016 total of the new orders it has been of 25,1 billion dollars (- 11%).
In Italy ABB it has closed the first nine months of 2016 with orders pairs to 1,6 billion million euro (- 12%) and a turnover almost 1,7 billion euros (- 9%). The managing director of ABB Spa, Mario Corsi, has explained that the company, leaving from the immense installed base, is developing "of the digital solutions to propose at the market. We wish - it has specified - than the National Plan recently announced Industry 4,0 can support the distance of the Italian enterprises. We - he has added Run - are participating actively to this phase and are ready to put on our experiences we are as suppliers of systems and services that as manifacturing industry that experiences and applies Smart Manufacturing in own Italian factories".
Relatively to the forecasts in the short term, the Swiss group has found that the geopolitical and macroeconomic developments evidence a mixed scene that anticipates a persistent uncertainty. "Some macroeconomic signs in the United States - it has explained ABB - permangono positive and the increase in China would have to continue even if to a slower rhythm regarding 2015. The continuous market to being characterized from a modest increase and an intensification of the uncertainties, for example - it has observed the Helvetic group - the Brexit in Europe and the geopolitical tensions in several parts of the world. It is previewed - it has concluded the group - than the prices of the oil and the effect of the fluctuation of the monetary changes will continue to influence the business results".
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