Independent journal on economy and transport policy
18:43 GMT+1
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In third trimester ABB it has recorded an increase of the economic performances and the new orders
the period is closed with a profit clearly of 603 million dollars (+2.4%)
October 26, 2017
Helvetic group ABB clearly has archived item the third trimester of 2017 with a profit of 603 million dollars on revenues pairs to beyond 8,7 billion dollars, with increments respective of +2.4% and +5.7% on the correspondent period last year. The operating profit is piled to 908 million dollars (+3.4%).
In the period July-september of this year the group, that it realizes technologies for the energy and the automation for the fields of the utilities, the industries, the transports and infrastructures, has confiscated new orders for a value almost 8,2 billion dollars, in increase of +8.3% on the same period of the 2016 (increase - it has specified the Swiss group - has been of +5% stretching account of the effect of the monetary changes, the acquisitions and the cessions). Al 30 last September the value of the pocketbook orders has been attested to 23,4 billion dollars, with a decrease of the -4,6% regarding on September 30, 2016.
In the first nine months of the 2017 value of the new orders obtained from ABB it has been pairs to 24,9 billion dollars, with a bending of the -0,8% on the period January-september last year. In the first nine months of this year the revenues have totaled 25,0 billion dollars (+0.8%), the operating profit 2,8 billion dollars (+22.2%) and the profit clearly more than 1,9 billion dollars (+24.5%).
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