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    ABB invests in Enbala Power Networks to co-develop cutting-edge grid software

    Zurich, Switzerland, February 23, 2017 - Next-generation software solutions will enhance ABB AbilityTM by giving grid operators control over the growing number of distributed energy resourcesABB announced today it has invested in Enbala Power Networks, a leading developer of software for managing power distribution networks. The investment was made through ABB’s venture capital unit, ABB Technology Ventures. Today’s grid operators require digital solutions to deal with challenges posed by the increasing amount of intermittent renewable and distributed energy sources being integrated into

    ABB delivers growth in fourth quarter

    Solid transformation progress in 2016Fourth quarter highlights · 3% orders growth driven by large contract awards · 9% orders growth in the United States and China · Revenues up 1% · Power Grids strong growth in orders (up 15%) and revenues (up 4%); Op EBITA margin increased to 10.4% · Operational EBITA margin 11.7% impacted by default of a large distributor in Turkey and Egyptian currency losses · Net Income $489 mn versus $204 mn in Q4 2015 Full year 2016 highlights · Operational EBITA margin up 50 bps to 12.4% · Operational earnings per share2 up 4% ·

    Steady top line growth in a mixed market

    · Orders and revenues increased, orders steady to higher in all regions · Operational EBITDA and margin lower vs Q2 2011, margin up 1% point vs Q1 2012 · Thomas & Betts acquisition completed, solid first contribution to operational EBITDA · Significant foreign exchange translation negatively impacts top line and earningsZurich, Switzerland, July 26, 2012 – ABB reported higher orders and revenues in the second quarter of 2012 despite short-term macroeconomic volatility as customers in almost all regions continued to invest in power grid upgrades and improved industrial productivity.

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