Independent journal on economy and transport policy
17:43 GMT+2
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ABB has closed the fourth trimester of 2016 with a rise of the economic results
Stable the new orders
February 8, 2017
In the fourth trimester of the 2016 value of the new acquired orders from Helvetic group ABB, that it develops to technologies and services for the energy and the automation, has turned out stable being piled - so like in the correspondent period of the year precedence - to 8,3 billion dollars. The value of the orderbook to 31 past December has been attested to 23,0 billion dollars, in decrease of the -4,7% regarding 31 December 2015.
ABB has closed the last trimester of 2016 with revenues pairs to 9,0 billion dollars (- 2.7%). The operating result is piled to 751 million dollars (+116.4%) and the profit for the shareholders to 489 million dollars (+139.7%).
In the entire exercise anniversary the 2016 revenues have been pairs to 33,8 billion dollars, with a decrease of the -4,7% on the exercise precedence. The EBIT has turned out pairs almost 3,1 billion dollars (+0.4%) and the profit for the shareholders to 2,0 billion dollars (+1.6%). Last year the value of the new orders obtained from the group has totaled 33,4 billion dollars (- 8.4%).
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