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Q1 2022 results: Solid performance in an uncertain environment
Orders $9.4 billion, +21%; comparable1 +28% Revenues $7.0 billion, +1%; comparable +7% Income from operations $857 million; margin 12.3% Operational EBITA1 $997 million; margin1 14.3% Basic EPS $0.31; 25%2 Cash flow from operating activities -$573 million; cash flow from operating activities in continuing operations -$564 million “ABB has started the year with a promising performance in the face of multiple external uncertainties. I expect this year to result in improving profitability, solid cash flow and execution of our planned portfolio activities.” Björn Rosengren, CEO CEO summary In the first quarter, we witnessed the start of the war in Ukraine – a human tragedy – and consequently one of our key priorities was to ensure the safety and wellbeing…
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Notice of ABB’s Annual General Meeting on March 24, 2022
ABB today published the invitation to its Annual General Meeting (AGM), which will be held on Thursday, March 24, 2022. The invitation can be found attached and at www.abb.com/agm. ABB’s top priority remains protecting the health of its shareholders and employees. Despite the recent relaxation of COVID-19 protection measures, the Board of Directors therefore resolved that shareholders again will only be able to exercise their shareholder rights via the independent proxy. As a result, it unfortunately will not be possible for shareholders to attend the 2022 Annual General Meeting in person. ABB offers its shareholders the opportunity to address questions on agenda items to the Board of Directors in writing until…
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ABB publishes 2021 annual report
ABB Ltd published its 2021 annual report and filed the annual report on Form 20-F with the United States Securities and Exchange Commission The 2021 annual report is now available electronically at www.abb.com/groupreports. It provides comprehensive information on the company and its strategy, business, governance and financial performance. Shareholders may request a printed copy of the annual report via this link. It will be distributed when it becomes available. Über die ABB Schweiz AG ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion…
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Disclosure of 5 percent holding of own shares
On January 21, 2022, ABB held 103,273,145 of its own shares, which corresponds to 5.03 percent of total share capital and voting rights in the company. This includes 64,813,600 shares purchased for capital reduction purposes as part of its follow up share buyback program launched on April 09, 2021. ABB’s total number of issued shares, including shares held in treasury, amounts to 2,053,148,264. Additional information is available on ABB’s investor relations website site at https://global.abb/…. This is information that ABB is required to disclose in accordance with the Financial Instruments Trading Act (Sweden). The information was submitted for publication at 11.00 a.m. on January 25, 2022 (CET). Über die ABB…
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ABB Capital Markets Day 2021: Cementing Performance Culture
. Revenue growth target lifted to 4-7% through economic cycle Group Operational EBITA margin target sharpened to at least 15% as from 2023 Sustainable transport supporting mid-term growth story CEO: “Demand has remained robust this far and we anticipate positive market momentum in 2022 but still have to manage supply chain disruptions” Swiss IPO for E-mobility planned for H1 2022 CFO: “Continued strong cash flow generation to support organic growth and M&A” Introduction of ABB Circularity Framework as part of 2030 Sustainability Strategy ABB will be hosting its Capital Markets Day today, December 7, starting 12.00 midday CET. At the event, CEO, Björn Rosengren, CFO, Timo Ihamuotila, as well as…
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ABB holds 2.1 percent of own shares following the cancellation of 115 million shares
On June 10, 2021, following the completion of the cancellation of 115,000,000 of its shares, ABB held 43,143,949 of its own shares, which corresponds to 2.1 percent of total share capital and voting rights in the company. This includes 24,960,089 shares purchased for capital reduction. ABB’s total number of issued shares, including shares held in treasury, amounts to 2,053,148,264. Additional information is available on ABB’s investor relations website site at https://global.abb/group/en/investors/investor-and-shareholder-resources/share-buyback-program. This is information that ABB is required to disclose in accordance with the Financial Instruments Trading Act (Sweden). The information was submitted for publication at 11.00 a.m. on June 11, 2021 (CET). Über die ABB Schweiz AG ABB (ABBN:…
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ABB shareholders approve all proposals at 2021 Annual General Meeting
Payout of dividend and Board and Executive Committee compensation confirmed. Shareholders also approved capital reduction through the cancellation of shares repurchased under ABB’s share buyback program. The shareholders of ABB have approved all the proposals by the company’s Board of Directors at its 2021 Annual General Meeting. Due to the extraordinary circumstances and in line with applicable Swiss COVID-19 legislation, shareholders were not able to attend the meeting in person but could exercise their shareholder rights via the independent proxy who represented 59 percent of the issued share capital. The shareholders supported the proposed distribution of a dividend of CHF 0.80 per share with 99.4 percent of the votes. The dividend…
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ABB and Nüvü to deliver exo-planet cameras for NASA future telescope
. A two-year contract awarded to ABB from NASA’s Jet Propulsion Laboratory will see key ABB/Nüvü Camēras technology fly onboard the space telescope in 2025, on course to capture the first spaceborne images of planets outside our solar system. The Nancy Grace Roman Space Telescope, NASA’s future space observatory, is due to launch in 2025 in search of other earth-like worlds. It carries two instruments: one to study the mystery of dark energy distribution in the cosmos; and the first dedicated exoplanet imaging camera in space, the CGI (CoronaGraph Imager). Within the CGI will be two high sensitivity cameras with electronic cores developed by ABB together with Nüvü. Extra-solar planetary…
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ABB und Nüvü liefern Kameras für NASA-Teleskop zur Aufnahme von Exoplaneten
ABB und Nüvü Camēras haben vom Jet Propulsion Laboratory der NASA einen Auftrag zur Ausstattung eines Weltraumteleskop mit Schlüsseltechnologien erhalten. Mit dem Teleskop sollen ab 2025 die ersten Aufnahmen von Planeten ausserhalb unseres Sonnensystems aus dem Weltraum heraus gemacht werden. Das Nancy Grace Roman Space Telescope, das künftige Weltraumobservatorium der NASA, wird sich ab 2025 auf die Suche nach erdähnlichen Planeten machen. Es ist mit zwei Instrumenten ausgestattet: Das erste soll Aufschluss über die Verteilung dunkler Materie im Kosmos geben. Beim zweiten Instrument handelt es sich um die erste Exoplanetenkamera im Weltall (der sogenannte CoronaGraph Imager – CGI). Im CGI befinden sich zwei hochempfindliche Kameras mit elektronischen Kernen, die ABB…
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Ergebnis des 3. Quartals 2020
– Auftragseingang -9% auf 6,1 Milliarden US-Dollar, auf vergleichbarer Basis -8%1 – Umsatz -4% auf 6,6 Milliarden US-Dollar, auf vergleichbarer Basis -4% – Ergebnis der Geschäftstätigkeit 71 Millionen US-Dollar, Marge bei 1,1% – Vorsteuererlös von 5,3 Milliarden US-Dollar für Power Grids in nichtfortgeführten Aktivitäten – Operatives EBITA1 von 787 Millionen US-Dollar, Marge1 bei 12,0% – Konzerngewinn +780% auf 4,5 Milliarden US-Dollar einschliesslich Erlös für Power Grids – Unverwässerter Gewinn je Aktie +785%2 auf 2,14 US-Dollar, operativer Gewinn je Aktie1 -36% auf 0,21 US-Dollar – Cashflow aus Geschäftstätigkeit von 408 Millionen US-Dollar nach Belastung von 273 Millionen US-Dollar aus Pensionsplänen; robuster Cashflow für das Gesamtjahr erwartet „Die Corona-Pandemie hat auch…
