Independent journal on economy and transport policy
07:38 GMT+1
This page has been automatically translated by Original news
ABB ended the last quarter of 2019 with a net profit of US 357 million dollars, or 3.5%
The net profit for the full year fell by -33.5%
February 5, 2020
In the October-December quarter of last year, the group obtained new orders worth a total of 6.89 billion dollars (-1.4%) and the value of the orderbook as of December 31st is 13.32 billion dollars, up 1.8% compared to December 31, 2018.
In the full year of 2019, revenues totalled USD 27.98 billion, up 1.1% year-on-year Previous. Costs were stable at 19.07 billion Dollars. Operating profit and net profit fell -12.9% and -33.5% respectively, having been equal to 1.94 billions and 1.53 billion dollars. Last year ABB forfeited new orders for 28.56 billion dollars, value identical to that of 2018.
- 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
In the October-December quarter of last year, the group obtained new orders worth a total of 6.89 billion dollars (-1.4%) and the value of the orderbook as of December 31st is 13.32 billion dollars, up 1.8% compared to December 31, 2018.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
