Independent journal on economy and transport policy
20:20 GMT+1
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ABB clearly closes the first trimester with stable revenues and an increase of +43.6% of the profit
The new orders have been pairs to 8,40 billion dollars, down of -3% (- 9% in dollars)
April 20, 2017
Helvetic group ABB, that it develops mainly produced and systems in the fields of the automation and the energy, has concluded the first trimester of this year with revenues pairs to 7,85 billion dollars, with a decrease of the -0,6% on the first three months of 2016. The operating result has recorded an increment of +31.4% having attested itself to 1,03 billion dollars and the profit clearly is piled to 758 million dollars (+43.6%).
In the first three months of the 2017 group it has obtained new orders for a total pairs to 8,40 billion dollars, down of the -9,2% regarding 9,25 billion dollars in the correspondent period last year, bending of the orders that - considering mainly of the impact of the monetary changes - turns out approximately of the -3%. The value of the orderbook on 31 March turned out pairs to 23,08 billion dollars, inferior of the -2% about (- 11.1% in dollars) regarding on March 31, 2016.
The Swiss group has announced that in the course of the first three months of this year in the field of the transports and infrastructures, than with those of the utilities and of the industry it is one of the three main sections of activity of the group, the question has turned out variable, with lasting of a high question of solutions for the automation of the buildings and of solutions for energy efficiency in the field of the rail shipment, while it quickly has a decided decrease in the naval field, with the exception of the cruise ships, because of the conditions of difficulty in the section oil and gas.
In Italy, group ABB last year has archived item first trimester 2017 with a turnover of 536 million euros regarding 556 million euros in the same period and with new orders pairs to 580 million euros, in increase of +3% regarding 565 million euros in the first three months of 2016.
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