Continued profitable growth

Zurich, Switzerland, July 19, 2018: Second quarter highlights

  • Total orders +8%, up in all divisions and regions
  • Base orders +9%, up in all divisions and regions
  • Revenues +1%
  • Book-to-bill ratio at 1.07x, >1 in all divisions
  • Operational EBITA margin2 up 60bps to 13.0%
  • Operational EPS +27%
  • Net income $681 million, +30%
  • Cash flow from operating activities $1,010 million; solid cash delivery for the full year expected

“In the second quarter, we drove order growth in all divisions and across all regions. Through our continued productivity efforts, we delivered margin improvement and double-digit operational EPS growth,” said ABB CEO Ulrich Spiesshofer. “We completed the acquisition of GE Industrial Solutions within the committed time-frame and have started the integration at full speed together with our new colleagues.”

“With disciplined focus on relentless execution, our four divisions are continuing their drive towards world-class efficiency and effectiveness,” he added. “These results show that our transformation over the past years is delivering.”

The complete press release including the appendices is available at www.abb.com/news  

Video: ABB's CEO Ulrich Spiesshofer outlines the company's performance in the second quarter of 2018

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ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in power grids, electrification products, industrial automation and robotics and motion, serving customers in utilities, industry and transport & infrastructure globally. Continuing a history of innovation spanning more than 130 years, ABB today is writing the future of industrial digitalization with two clear value propositions: bringing electricity from any power plant to any plug and automating industries from natural resources to finished products. As title partner in ABB Formula E, the fully electric international FIA motorsport class, ABB is pushing the boundaries of e-mobility to contribute to a sustainable future. ABB operates in more than 100 countries with about 147,000 employees. www.abb.com