The Swiss ABB Group, which develops technologies for electrification and automation, closed the first quarter of this year with revenues of $7.9 billion, value unchanged compared to the corresponding period of 2023. The Useful operating income amounted to €1.2 billion (+1.6%) and net profit to $913 million (-13.9%). In the first three months of 2024, the The value of new orders acquired by the Group was almost nine billion dollars (-5.0%) and the size of the portfolio Orders as at 31 March amounted to €22.0 billion (+1.9%). Only with regard to new orders acquired in the sector maritime-port and rail, ABB has announced that the trend is positive status.

Commenting on the latest quarterly results, the administrator ABB delegate Björn Rosengren specified that the order intake in the first quarter of this year was higher than expected, although a decline compared to the previous year was expected. same period in 2023 which, however, was limited. Rosengren recalled that he recently announced his own decision to step down as Chief Executive Officer of the group, with the handover to the Norwegian Morten Wierod who will take place at the end of July, after which Rosengren will assist Wierod and the Governing Council in the transition until the end of 2024 when he will retire. Wierod is He joined ABB in 1998.