Description
Zurich, Switzerland, February 8, 2017. ABB”s 2016 financial report showed that the company”s revenue fell by 5% to US$33.83 billion last year, while net profit increased by 2% to US$1.96 billion.
Mr. Spiesshofer, CEO of ABB Group, said: “In 2016, we made impressive progress, and ABB transformed into a digital technology leader that pays more attention to user needs, is streamlined and efficient.
ABB will continue to focus on productivity improvement and cost control. to achieve profit growth.”
Fourth quarter highlights:
3% growth comes from large orders
9% growth comes from the United States and China
Revenue increased by 1%
Power grid has strong growth momentum, with orders rising by 15% and revenue by 4%
Operating profit before interest, taxes, and amortization reached 10.4%
Highlights throughout 2016:
ABB”s pre-tax profit margin rises 50 basis points to 12.4%
Operating income per share increased from 2% to 4%
Overall, ABB electrical products and power grids have higher revenue. Total services and software revenue increased by 2%, accounting for 18.5% of total revenue, and increased by 0.5% year-on-year.
ABB also revealed the next phase of its plans: shaping ABB”s four market-led business divisions; realizing the all-round value
of “ABB Ability” digital solutions; adhering to the development concept of operational excellence; and strengthening ABB”s brand marketing.
Four major markets dominate growth:
ABB”s four market-led business divisions: electrical products, robotics and motion control, and industrial automation
and the Power Grid Division were fully operational on January 1, 2017.
Strengthening ABB”s global brand building is also the main direction in the future. In the future, ABB will be committed to strengthening the
company”s brand building on a global scale and unifying the brand to fully tap
the value potential of its digital solutions. It aims to increase customer loyalty by improving brand recognition and generate interest in price
premium purchases. Positive impact and win-win outcomes with customers, shareholders, employees and other stakeholders.
Mr. Spiesshofer said that 2017 is a transition year. The fourth industrial revolution has strong driving force and growth demand. ABB will make good use of these opportunities with its strong market position, long-term
profitability growth ability and broad market. geographical and business scope, advanced technical leadership and stable financial strength to
ensure the company”s development in 2017 and realize its new brand promise: “Working together to create the future.”
Display operation panel 3HAC033548-008
Display operation panel 3HAC033548-006
Display operation panel 3HAC033434-001
Display operation panel 3HAC033389-001
Display operation panel 3HAC033363-001
Display operation panel 3HAC033234-002
Display operation panel 3HAC033203-001
Display operation panel 3HAC033203-001
Display operation panel 3HAC033163-001
Display operation panel 3HAC033163-001
Display operation panel 3HAC032972-002
Display operation panel 3HAC032934-001
Display operation panel 3HAC032723-001
Display operation panel 3HAC032718-001
Display operation panel 3HAC032586-001
Display operation panel 3HAC032560-005
Display operation panel 3HAC032508-001
Display operation panel 3HAC032203-005
Display operation panel 3HAC032203-004
Display operation panel 3HAC032203-003
Display operation panel 3HAC032203-002
Display operation panel 3HAC032124-003
Display operation panel 3HAC031977-001/04
Display operation panel 3HAC031958-002
Display operation panel 3HAC031840-004
Display operation panel 3HAC031825-001
Display operation panel 3HAC031782-001
Display operation panel 3HAC031683-004
Display operation panel 3HAC031683-001
Display operation panel 3HAC031683-001
Display operation panel 3HAC031670-001
Display operation panel 3HAC031587-001
Display operation panel 3HAC031580-004
Display operation panel 3HAC031580-001
Display operation panel 3HAC031470-001
Display operation panel 3HAC031153-002
Display operation panel 3HAC031151-002
Display operation panel 3HAC031074-004
Display operation panel 3HAC030923-001/08
Display operation panel 3HAC030923-001
Display operation panel 3HAC030923-001
Display operation panel 3HAC030868-001
Display operation panel 3HAC030825-001
Display operation panel 3HAC030800-001
Display operation panel 3HAC030793-001
Display operation panel 3HAC030789-001
Display operation panel 3HAC030770-001
Display operation panel 3HAC030647-002
Display operation panel 3HAC030430-001
Display operation panel 3HAC030414-001
Display operation panel 3HAC030301-001
Display operation panel 3HAC030281-003
Display operation panel 3HAC030205-002
Display operation panel 3HAC030180-001
Display operation panel 3HAC030124-001
Display operation panel 3HAC030064-001
Display operation panel 3HAC030059-001
Display operation panel 3HAC030057-001
Display operation panel 3HAC029840-003
Display operation panel 3HAC029818-001/11
Display operation panel 3HAC029818-001
Display operation panel 3HAC029818-001
Display operation panel 3HAC029721-001
Display operation panel 3HAC029720-001
Display operation panel 3HAC029705-001
Display operation panel 3HAC029699-003
Display operation panel 3HAC029565-003
Display operation panel 3HAC029539-001
Display operation panel 3HAC029517-001
Display operation panel 3HAC029501-003
Display operation panel 3HAC029392-004
Display operation panel 3HAC029287-001
Display operation panel 3HAC029286-001
Display operation panel 3HAC029285-001
Display operation panel 3HAC029157-001/07
Display operation panel 3HAC029157-001
Display operation panel 3HAC029147-001
Display operation panel 3HAC029146-001
Display operation panel 3HAC029145-001
Reviews
There are no reviews yet.