Description
Recently, global robotics giant ABB announced its third quarter financial report for 2021 :
Order volume was US$7.9 billion, an increase of 29% year-on-year and an increase of 26% on a comparable basis.
Sales revenue was US$7 billion, an increase of 7% year-on-year and an increase of 4% on a comparable basis.
Gross profit was US$2.3 billion, a year-on-year increase of 25%
Operating EBITDA was US$1.062 billion, with a profit margin of 15.1%
Net profit attributable to ABB was US$652 million, down 86%
Cash flow from operating activities was $1.104 billion, and cash flow from operating activities from continuing operations was $1.119 billion.
It is worth noting that although ABB achieved good data in the third quarter, it has declined overall compared with the second quarter. Order revenue fell by 2.6% compared with Q2,
and gross profit margin fell by 7.6% compared with Q2. In line with the trend of industry growth slowing down in the second half of the year.
ABB Group CEO Luo Biang said: The third quarter was mixed. On the one hand, high demand drove strong order growth; on the other hand, the tight supply chain had a larger-than-expected
impact on sales revenue. Nonetheless, we grew underlying operating earnings and margins, had strong cash flow, made progress on our business mix realignment, and completed a number of important product launches.
Third quarter robotics and discrete automation performance
As the leader in industrial robots, ABB”s robot orders grew rapidly in the third quarter, but its sales revenue was not ideal. The financial report shows that for the robot and discrete automation business,
the order volume in the third quarter was US$935 million, a year-on-year increase of 30% (a comparable increase of 26%), but the sales revenue was only US$813 million, a year-on-year increase of 1% (a comparable decrease of 3%).
In terms of orders. ABB said that customer activity increased in all market segments in the third quarter, with the strongest growth in machine automation orders, followed by the general industry, and the
consumer-oriented service robot segment; at the same time, all regions improved at a double-digit rate , among which the Americas and Europe exceeded the AMEA region, including a 17% year-on-year
increase in orders from China (comparable 10%).
In terms of income. The decline in comparable revenue was due to the combined impact of parts shortages and steady advances in robotics, resulting in machine automation facing delayed customer deliveries,
due to a conscious effort to support long-term profitability by reducing exposure to the automotive systems business, while The automotive systems business is currently facing a shrinking order backlog.
In terms of profit. The operating EBITA (earnings before interest, taxes, depreciation and amortization) of the Robotics and Discrete Automation business in the third quarter was US$90 million, a year-on-year increase
of 18%, and the profit margin reached 11.1%. This was attributed to the reduction of automotive system sales, increased service business share and efficiency. measure.
Control module DCS system spare parts YT204001-EG
Control module DCS system spare parts YT204001-DT
Control module DCS system spare parts YT204001-CV
Control module DCS system spare parts YT204001-CN/4
Control module DCS system spare parts YT204001-BL
Control module DCS system spare parts YT204001-AL
Control module DCS system spare parts YT204001-AF
Control module DCS system spare parts YT204001-AF
Control module DCS system spare parts YPQ112A
Control module DCS system spare parts YPQ112A
Control module DCS system spare parts YPQ111A
Control module DCS system spare parts YPQ111A
Control module DCS system spare parts YPQ110A 3ASD573001A5
Control module DCS system spare parts YPQ110A 3ASD573001A5
Control module DCS system spare parts YPQ109B 3ASD510001C20
Control module DCS system spare parts YPQ108A
Control module DCS system spare parts YPQ104A
Control module DCS system spare parts YPQ104A
Control module DCS system spare parts YPQ-101E
Control module DCS system spare parts YPQ101E
Control module DCS system spare parts YPP110A 3ASD573001A1
Control module DCS system spare parts YPP110A 3ASD573001A1
Control module DCS system spare parts YPP109A
Control module DCS system spare parts YPP109A
Control module DCS system spare parts YPP105B
Control module DCS system spare parts YPP105B
Control module DCS system spare parts YPK117A 61163280
Control module DCS system spare parts YPK117A
Control module DCS system spare parts YPK117A
Control module DCS system spare parts YPK113A
Control module DCS system spare parts YPK113A
Control module DCS system spare parts YPK112A
Control module DCS system spare parts YPK112A
Control module DCS system spare parts YPK110A
Control module DCS system spare parts YPK107E
Control module DCS system spare parts YPI103E
Control module DCS system spare parts YPI103E
Control module DCS system spare parts YPH108B/SPC
Control module DCS system spare parts YPH108B/SPC
Control module DCS system spare parts YPH107A
Control module DCS system spare parts YPH107A
Control module DCS system spare parts YPG108E
Control module DCS system spare parts YPC104B YT204001-BT
Control module DCS system spare parts YPC104B
Control module DCS system spare parts YPC104B
Control module DCS system spare parts YM322001-EG
Control module DCS system spare parts YM322001-EG
Control module DCS system spare parts YM318001-CN
Control module DCS system spare parts YM318001-CN
Control module DCS system spare parts YM110001-SN
Control module DCS system spare parts YM110001-SN
Control module DCS system spare parts YL621001-BB
Control module DCS system spare parts YL621001-BB
Control module DCS system spare parts YB560103-BR
Control module DCS system spare parts YB560103-BR
Control module DCS system spare parts YB560103-BN
Control module DCS system spare parts YB560103-AP
Control module DCS system spare parts YB560100-EAS3
Control module DCS system spare parts YB560100-EA
Control module DCS system spare parts YB560100-EA
Control module DCS system spare parts XVC772A102 3BHE032285R0102
Control module DCS system spare parts XVC770BE102 3BHE021083R0102
Control module DCS system spare parts XVC770BE101 3BHE021083R0101
Control module DCS system spare parts XVC770BE101 3BHE021083R0101
Control module DCS system spare parts XVC770BE101
Control module DCS system spare parts XVC770AE 3BHE006414R0001
Control module DCS system spare parts XVC770AE 3BHE006414R0001
Control module DCS system spare parts XVC769AE101 3BHE006373R0101
Control module DCS system spare parts XVC769AE101 3BHE006373R0101
Control module DCS system spare parts XVC769AE101 3BHE006373R0101
Control module DCS system spare parts XVC769AE101
Control module DCS system spare parts XVC769AE101
Control module DCS system spare parts XVC768AE117 3BHB007211R0117
Control module DCS system spare parts XVC768117 3BHB007211R117
Control module DCS system spare parts XVC768115 3BHB7211R115
Reviews
There are no reviews yet.